@Gurjot Grewal don't rely solely on peoples' opinions of neighborhoods.

If you did not build the wealth to buy them yourself, I would not rely on their income until you have your own plan. 

I mean once you talk to them, it's pretty easy to spot if they know what they are talking about.I've work on STRs before and to be honest, it is not the most fun aspect of accounting because the volume of allocating income from all sources (airbnb, vrbo, stripe, direct booking, and so on) to a bunch of random expenses (cleaning, supplies, repairs, advertising, commissions, and all typical real estate expenses).I had to strictly rely on the client's input on what the expenses belong to which property or even units, if the paperwork doesn't say. 

Otherwise, it’s like buying a retail business and having to work it yourself to make a profit – that’s called buying yourself a job, not a business.Appreciation has historically been sluggish in DFW, the most recent uptick is somewhat of an anomaly and may be at a relative high point, or lower relative affordability at the moment, which typically translates into pressure on prices.

I should note that I'm currently overseas so I have to rely on all things digital until I'm back in the states.Basically I wanted to confirm that it's normal to ask these people a variety of questions in order to get all of the information I need? 

Do I have a contractor that I can rely on?

Again, supply and demand.Lastly, anyone who relied on the tax abatement taxes in their operating expense analysis erred in their underwriting.

Always rely on what the lease says and comply with local and state laws. 

I understand the significance of key metrics such as IRR and CoC in evaluating the potential of a deal, but the abundance of information out there is making it challenging to find a straightforward, user-friendly solution.What I seek is a singular, comprehensive tool—a master template, if you will—that I can consistently rely on from deal to deal.

So 30k in interest payments on a primary would only net most people an $800 tax deduction since they would have already got the standard deduction by default, where as 30k in rental interest would translate into 30k in deductions.This means that for an awful lot of people, they effectively don't get to deduct the interest on their primary.Keeping the loan on your rentals, while getting rid of the loan on your primary also helps from an asset protection side of things.