My tenants utilize an online payment app (Roof), I run credit and background checks online (SmartMove) and keep all of my records in a folder on Google Drive.

It may just be that the seller wants too much and there is no solution but I was hoping investors with more experience than myself in this area could provide some insight into how they would value this and how much of a hit to cash flow would be acceptable in exchange for future potential.The details:4-unit purpose built building in an average residential areaCap rates for 1-4 unit properties range from 6-10% depending on quality, location, conforming vs non-conforming etc.Asking price $520k, dropped from original $550k and has been on market for a few monthsRents are ~$34,000 and should be ~$48,000Expenses (excluding maintenance) are ~$9,000 - This puts the asking price cap rate at ~4.7% (not including maintenance)- We estimate that at asking price it would be about -$260/month in cash flow and break even at a PP of ~$450k assuming our typical 10% of rent for maintenance- We estimate the building would be worth around $530k at market rentsWe were thinking the cash flow neutral price would be our best offer, but their indication was that they are looking for close to 500k. 

We are rehabbing an out of state SFH, what are some apps, tips, tricks for managing a project from a distance?

Nate, Thank you for the input, I'm having a terrible time with the BP app . out Will not let me load hardly Any info to my profile.

But I found the Google Podcast app works.

It's a platitude.But here I am at a VC fund and we hear this stuff all the time (wholesaling works) and they're in front of us asking for capital for an app or to expand because "this is the year real estate investing is going to go completely wild."

I use a mobile app called Tellus.

If your cleaners are using any of the modern apps, they can be integrated with your PMS as well. 

I use a free app called Tellus for my rent collection, receipt tracking and chat.

We did discuss payment when lease was signed and I demonstrated to them how to use Venmo, but they procrastinated downloading the app and then weren’t able to set it up.