Even if you all used the same app, your insight and experience allows you to make a better offer.Personally I would probably still use a spreadsheet just because you can customize it easily and it can do more if you need it.

I estimated capex at 10% which I think is low considering the deferred maintenance, 10% property management, 8 percent vacancy.

I agree with everything said in this post, it is a hospitality business and superlative customer service is a must. 

.: I’m considering a flip on a land lease.

Hi everyone,I’m seeking advice on the best strategy to achieve a goal of $5,000/month in passive or active income starting with $200,000.I’m currently considering Texas, but I’m open to other states if they offer better opportunities.

Earnest Money DepositAnd if you want to cover all your bases, you can also consider saving for an earnest money deposit (EMD).

A broker shall not be responsible for supervising, nor shall the licensee be responsible for operating, within the scope of the brokerage or within the requirements of this chapter, activities that would be considered property management, including leasing, maintenance, and repair, so long as the real estate being managed is "individually owned" or "entity-owned" as defined below:(1) "individually owned" real estate is real property in which the licensee holds an ownership interest; and(2) "entity-owned" real estate is real property owned by a corporation, limited liability company, partnership, or trust, within which entity the licensee holds an ownership interest as an owner, trustee, partner, or officer, or in another beneficiary capacity.

In Ohio we just consider wholesaling brokering real estate.

@Jason Burkart To maximize tax benefits, consider buying the property as a rental and leasing it to your mother at fair market value (FMV).

He claims to be Christian Based, but only rips poor customers like myself.