But it’s something I tailor the business plan to just in case.So your investor could get caught in having their loan called with not a lot of notice if things change.

Albuquerque is already such a wonderful place to live and do business so I am all for anything that will make it even better.  

You need the right solution for your day to day operations.Your need is to make the management side easy, so that you can analysis your accounting, business and management all with only one entry.

@Tonio PearceYes you should create a business plan.

That said, I can handle it when necessary and have successfully built multiple self-started businesses and ventures in real estate investing (REI).

I agree that is will be a gamble as to how well it will do.Also, ask the owner if they will entertain partial owner financing to keep from dragging family and friends into this risky business venture.Maybe even rent from owner for a year with right to sublease to see how it goes before committing to a purchase.

Now more than ever, I am seeing offers required to be submitted through a portal where the listing agents want no business being involved with up front negotiations.

I only have 4 properties so I cant speak on that Oh absolutely it would not be free just as most integrations in this business are not free.

My mortgage will be $2,005/month, and I’m budgeting up to $600/month for utilities, leaving a potential monthly cash flow of $995.I also set up an LLC and a business account to track rental income and expenses.Questions:Do you have any advice for me as a young real estate investor?

If you run out, you’re dead in this business.