YNAB also offers a variety of educational resources like online workshops, videos, articles, and a forum to increase your financial knowledge.Why investors should use it: YNAB can be used by real estate investors to track their expenses—such as mortgage payments, maintenance costs, insurance, property taxes, and other things—to keep a close watch on their cash flow.

My go/no-go was break even (net 0 cash flow) under the following assumptions: 50% occupied at market rent (based on comparable properties) including 15% of gross rents to maintenance/cap-ex (at 100% occupancy) and utility costs.

The rental income ideally should cover your expenses, such as the mortgage, taxes, and maintenance, while also leaving you with positive cash flow.Refinance: After the property is stabilized and generating income, you refinance it with a traditional mortgage.

They utilize Propertyware for the portal which is very simple and all maintenance requests and payments can be viewed in the portal.

Should be a lot less maintenance for the first 5 to 7 years for sure too.   

My wife and I are considering taking on this role as a property management team, managing these properties from our current location in Washington state.Our plan is to establish a reliable network of local contacts in the area—such as maintenance professionals, agents, lawyers, etc.

It's also always great to catch up with BP regulars I usually only get to see once a year at this conference.As for connections, we're trying to start a construction company and offer services to local managers to do preventative maintenance inspections in order to take advantage of our infrastructure and increase revenue while we aren't buying much. 

Yes new builds are turnkey and better for maintenance/cap ex costs but it's more expensive and moving parts to building.

Cutting back vegetation etc.The home probably got more deferred maintenance, water damage evident even in this video.

I'm not sure I've had a turnover that either on move out or the new tenant moving in and finding things weren't working that I didn't have to fix something.For the places I manage (different city than where the PM is), aside from the two turn overs where the tenants didn't pay rent, I've been lucky and have no vacancies and usually minimal repairs/maintenance ($0-$500).