This business is not as easy as depicted on HGTV...it's a super competitive and often slimy business with lots of new entries who are short on ethics, so you have to know in advance how to market, negotiate, draft a contract, protect that contract, get that contract to a title company, etc.

This may differ based on your geographic location, but under normal circumstances, taking pictures of conditions, objects, violations, and so on are okay as long as they do not depict anything personal in nature.In fact, from the details of your post, it appears you did a great job.

The following shows the area within Cincinnati and corresponding change in home values from 2014 to 2018.The areas in orange depict increases while purple decreases. 

@Nina Grayson Wow, thank you for running that avg rent number as I was just in the process of talking to some property managers to get a more accurate depiction than rentometer, so I appreciate that a lot!

Again, I'm simply asking questions that could easily be cleared up by any professional with the right answers...and though the answer might depict a legal transaction it still might not make it ethically sound...Also, your reference to paying sellers too much speaks about your character and that you find it objectionable to take someone's hard earned equity. 

I am most interested in the maintenance/cap ex depicted in the performa but also the PM fees.Thanks

Are you expecting better market appreciation or rent appreciation than depicted in the calculator?

Street-view is a great tool but a lot of what you see can be years old and not depict the real disposition of the home/neighborhood.  

Photos on Zillow or Trulia or even from wholesalers usually look great (and maybe they are) but they don't always depict the actual neighborhoods which could impact your rent, potential turnover or red flags.One more thing....BRRR'ing is C class neighborhoods is not a slam dunk in my opinion.

The first depiction was not so much about mortgage pay down but instead using the benefit of leveraging the full refinance to gain substantial business capital to grow a lot faster.