One of the key features of the FHA loan was the Self-Sufficiency Test, which helped keep prices in check.

I actually ended up working with a DFY arbitrage program that finds the right property, negotiates the least terms with the landlord, and even has an interior design department to set up your listing.

Easy to install but requires you to have prior design software knowledge. 

Usesphere.com      It is designed by real estate agents and has so much to offer....and is super reasonable in price.   30 day free trial with NO Credit card for the trial     I love it!! 

We've custom designed reports for clients before, so maybe your PMCs can do the same?

., if you want to " test drive" prospective custodians/ advisors before you buy, design questions based on your concerns and then call each one with questions based on those concerns.Ask each one a tax question about a prohibited transaction.

Or if there was a good property management software that included accounting as a feature!

Purchase price: $1,150,000 Cash invested: $300,000 Sale price: $1,628,000 Built in 1890, this Old Victorian was converted into a duplex in the 70's by a talented architect who made some unique and extraordinary custom design choices (read vaulted skylights) that made this property truly one of a kind.

For a majority of folks it would be designed to help, they've already filed their returns.

Assuming you're contracting it out make sure you get multiple bids and I'd do the bare minimum inside or do that yourself (unless you're going to make it a hangout spot as a feature for guests - could also do this over time as you see increased cash flow).