My mother is very interested in learning more about the power of real estate and how she can get in the game.

We do a pretty good deal of site selection with data behind it and use experian as a data source. 

For something more robust, tools like Excel or online calculators from financial planning sites might better suit your needs.Your ROI Formula:ROI = (Net Cash Flow ÷ Total Out-of-Pocket Investment) × 100For your scenario:Net Cash Flow = Annual Rental Income - (Mortgage Payment + 401k Loan Payment + Other Expenses)Total Out-of-Pocket Investment = $40,000 cash + $50,000 loan payments over 5 years.I came across a piece in Bloomberg recently discussing creative financing, and they touched on ROI calculations for multiple loans.Personal anecdote: A buddy of mine leveraged a 401k loan for a fourplex.

Hey David -  Networking with investor friendly agents can be a game changer for sourcing deals, especially when it comes to distressed properties and/or pocket listings.

Hi All,  just heard about this site. 

With your background in architectural design, you're already ahead of the game in understanding spaces and their potential!

Where is your site at? 

I'm having a hard time finding any estimating tools for this kind of a project, adding a story and multiple BR/1 BA, and wondered if there were any tools, sites or recommendations any of you have for this kind of a project. 

Changing the strategy can help get in the game. 

@David ShirtsIn my experience, seller financing can be a game-changer, especially for properties with clear titles or when traditional loans aren't an option.