Over 4k in damages, utilities, past due rent, court fees, tons of trash, holes in walls, pee everywhere, etc. 

.- BTW: the $1300 includes all utilities being paid by the landlord.

However, most property management companies utilize every available platform to maximize exposure and lease properties as quickly as possible.

When making offers I want to utilize the standard 70%-ARV-Profit formula.

Quote from @Ben Fernandez: Gotcha...I like your goals utilizing the lease option.

Easiest thing to do is to utilize your channel manager to create one (most have this feature) or maybe consider houfy.com or craftedstays.co, they are specific for creating direct websites.

It is balance sheet heavy but for some reason, most investors in BP are just focused on P&L and they stick with these free accounting platform that doesn't even utilize the Balance Sheet.A lot of the time when I clean up client's books, it's mainly in the balance sheet that needs to be fixed up.

That affects your loan amount and then principal & interest payment.2) Estimate rents based on recent rental comps3) Account for all operating expenses such as property taxes, insurance, repairs & maintenance (landscaping, snow removal, cleaning etc), property management (if applicable), vacancy, utilities (what does the tenant pay vs what you would pay?)

I'll be moving from California and only making a 50k  salary, but this job will cover housing and utilities.

The cashflow should cove ALL of the expenses for the primary (mortgage, taxes, insurance, utilities, etc) AND put money in their pocket.