A good tool to utilize is excel, you can evaluate a cash flow in minutes.Monthly payment is =PMT(intrate,term,principle) it would look like=PMT(5%/12,180,100000) This is $100,000 at 5% term of 15 years.Then place your estimated occupancy rate, insurance, taxes, an allotment for improvements down the road into a pivot table to automatically subtract.

@Ryan Moore the terms of management contracts vary from one company to another, but it is common for them to be for an initial fixed-term and then either automatically renew for another fixed term or simply revert to month-to-month.The contracts terminate immediately upon sale of the property so you would either want to sign a contract with the existing or a new management company prior to closing, or be prepared to take over management yourself on closing day.

A dedicated phone line will only cost you about $10 or $15 a month or you can get a phone line switch that will automatically switch the phone line over to your fax machine when the switch detects an incoming fax.

have a local agent set up an automatic search for you, as they will hit the MLS at some point.

Am I the only person on this website who can't read the word "pyramid" without automatically thinking "scheme" after it? 

Are you set up with automatic emails from a realtor?

Does anyone know the proper DCN to use in this situation from the List of Automatic Changes?  

You might consider having your Realtor put you on the MLS Automatic Notification. 

"If we control our downside, the upside will automatically take care of itself."

I've been listening to bigger pockets for almost two years now and should have enrolled a long time ago but I've been scared I don't even know why.I've been on a reading overdose for the past two years from rich dad poor dad to the automatic millionaire.