However, if you’re interested in a very specific type of property and a specific type of sub-market, it will be very difficult to find a wholesaler that meets your needs. 

If you’re weighing a move.. be it a 1031 exchange in Oregon or locking in a promising rental in Phoenix.. just remember that the right local knowledge, strong relationships, and a willingness to adapt can set you up for something more than just another line item on your spreadsheet.

Using this to measure cash flow and a few other metrics seems to make most properties I run numbers for very good opportunities.

Microsoft Excel, and most budget or free online bookkeeping isn't going to cut it in this situation.For the rental properties you own directly, I often tell clients and prospects that a P&L in Microsoft Excel is just fine and a balance sheet is not necessary for tax purposes. 

Assuming you've met that, your original loan amount was ~$364,500 with 10% and a purchase price of $405k.

I've faced some large insurance claims in the past and a public adjuster may be helpful in maximizing your insurance payout. 

Newer appliances, free nice laundry, 2nd floor, yard space, storage, clean bathroom, included heat, installed window A/C.Appraisal suggested the unit was worth 2,300 a month, which I felt was a bit high, so I listed it for $2,150 with no move in fee and a 2k deposit.

I was able to sell the SFR for $62,000 with a wrap around $50,000 mortgage at 12% interest and a pre payment penalty if paid off before 10 years.

If you finish the basement with a kitchen you could have a mother in law with a walk out and a garage downstairs.

Quote from @Sushil Iyer: We have a SFH and a duplex that we own free and clear, and a duplex on which we have a residential mortgage.