thank you for the constructive criticism. i will try to be less vague in the future.

My guess is that if they cold-approached you at $500k you could get it for $400k.But hey, I'm 2 glasses of wine down so you should probably review my logic with a critical eye :)

As mentioned screening is critical make sure you are doing back ground checks, reference checks and income verification.

You will expose yourself to a wider pool of expertise which is critical for real estate investors.Many of us service clients all over the US and even world.

Finding and retaining help to increase the pace is critical to me and my business and is currently my greatest challenge keeping me from expansion.   

You will expose yourself to a wider pool of expertise which is critical for real estate investors.Many of us service clients all over the US and even world.

Guess maybe I should get the flipping book I see here on the marketplace because I feel like I need a general overview with a few step-by-step instructions and a list of do's and don'ts.Oh, I am financing the house and rehab and he is doing all the legwork at this point and when we sell he would get his 3% as the listing broker.All suggestions, guidance and constructive criticism is welcome :-)

It's also considered a block by block city, so it will be critical that you link up with someone that is reputable and understands the area.

Hey BP friends,I'm putting together an excel sheet to calculate potential rental property deals and wanted to ask for some insight/criticism/refining regarding my monthly expenses.So far I have the following:Mortgage: $350*Vacancy: 5%Maintenance: 10%Management: 10%Property Tax: $210*Insurance: $100*CapEx: 10%*based on my price range in Arlington, TX.I have to say they have added up much quicker than I expected (which I was told would happen).

Not schemy, demanding, critical, or preachy.The responses are pure gold.