Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

I'm looking for a spreadsheet or tool to use an example to log and track hours spent on real estate Managment.

Like should I have a folder on my laptop for the tenant and keep a copy of each payment I receive from them?

(not sure on state law but this probably is a tough sell)4.

Click on "images" and you'll see actual examples of forms, most of which can be downloaded for free.

I would appreciate any feedback on using DataTree VS Propstream for searching vacant LAND. 

"^ Do you feel like income you make on the units is based more off of square footage or location rather than add-ons you made for you while living there? 

if i were to acquire these and have them be owner financed, I would want clear title and the other mortgage on this lot removed - especially if my loan has a balloon on it that matures prior to the existing loan, as how would to provide clear title?

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.