Of course it quickly snowballed so the result so far is a comprehensive, detailed model that captures quite a wide gamut of financial variables.

OKC (I always pick on this market) I might use 1-1.5% a year.Renovation Scope & Budget:Break down the renovation budget per unit and scope of work.Identify whether renovations are light ($5-10k per unit) or comprehensive ($15k+ per unit).

The outline was comprehensive and I will review a few apps to fully understand their features.  

For a more comprehensive look at the Las Vegas investment market, feel free to DM me for a link to our blog.

Yes they are more than others, but they have the most comprehensive coverage for STRs.

When financing a large-scale fix-and-flip project, assessing and managing risk is crucial for success.Risk Management StrategiesContingency Budgeting:Set aside a contingency fund (typically 10-20% of renovation costs) for unexpected expenses.Time Management:Develop a detailed project timeline to keep renovations on track and avoid extended holding costs.Partnerships:Collaborate with experienced contractors and real estate agents to mitigate risks associated with repairs and market positioning.Insurance:Obtain comprehensive insurance coverage, including builder’s risk insurance and general liability insurance, to protect against unforeseen events.Exit Strategy:Always have an exit strategy.

Others choose to hold properties in their personal name and rely on umbrella insurance, which is simpler but may offer less comprehensive protection.

We ultimately switched to Buildium as it was more comprehensive and had a large number of integrations with 3rd parties.

But it's also about efficient accounting, and maximum tax advantage both on the operation and the sale of assets.One thing I've always seen is that many times it's easy to fall in love with a comprehensive strategy and set it up only to find that it really doesn't work when your parameters change. 

Here are some popular skiptracing platforms and websites that investors often use:TLOxp: This is a service by TransUnion and offers a comprehensive database to find detailed personal records.Spokeo: Useful for basic information and sometimes provides email addresses and phone numbers.Whitepages Pro (now Ekata): Offers identity verification data, including phone numbers, addresses, and more.BeenVerified: This service aggregates information from various sources, giving you phone numbers, email addresses, and other details.PeopleFinders: Similar to BeenVerified, it pulls from various sources and provides detailed reports on individuals.BatchSkipTracing: Designed specifically for real estate professionals.