When we did it, we did score some great deals, but what we found was that we were visiting so many properties to understand our "strike price" (the maximimum we would pay for the property when taking into account rehab costs, hold times, interest on any debt, closing costs, real estate commissions, a contingency reserve for "unexpecteds", etc) that the math started to not make as much sense.

It's a mastermind, so not only classes but a community of fellow entrepreneurs with similar goals, industry experts, and accountability to get it done!

Because interest rates are high right now it probably doesn’t make sense to pull extra cash just to stick it in a bank account.

You should also have a conversation with your tax accountant about your bank account setup. 

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

Hey Elizabeth - I'd factor in about $10k to get a padsplit up and running when it comes to furnishing which would include washer / dryer, additional fridge, bedding/desks, common area furnishings if you want to offer a little better experience.I'm only familiar with ATL - I think accounting for 1 move in / 1 move out per month is a good conservative assumption here.$8kish / year or so on routine and reactive maintenance combined which should include your cleanings, lawn care, maintenance calls ect. 12% per month of gross rents should be a good estimate if you want to look at it like that!

Add some escalator, such as 3%, for example, to account for potentially higher costs after closing.  

There is a tiny little link under "Account Details" that links to a more informative web page.

Bank accounts, stocks, all assets. 

@Rick ImI have an expense account called "Failed Real Estate Escrow Expenses " (in QuickBooks) for my flipping business and bookkeeping clients.