Meaning yep I know its a 20 unit building but they do not understand the structure of the investment.I agree on notes and tax liens.

Exclude any units that are out of your league and focus on similar comps. 

@Tove Fox You can get a 2-3 unit property in Pittsburgh in B areas that will hit the 1% rule and be in decent shape.

Nightly rates and estimated revenue based on all the other units in the area?

Josh, we are currently looking at SFH and MFH with 2-4 units.

dont over think this its not that complicated. important issues are.1. cost of capital2. knowing what a deal is or is not.3. good reno crew or contractor  4. good agent that will tell you straight what its worth when done and what level you should rehab to.5. a market that is actually moving napkin math works  trying to drill down to decimal points does not.

You will also need different levels of staffing to support the various strategies as you are already realizing. 

If you only have one LLC and don’t need entity tracking, you could get a lower subscription and categorize your properties as ‘customers’, then units and tenants would be sub-customers.Simple Start would allow you to invoice your tenants (if desired through QBO) and produce basic reports. 

Without electric you can not heat the unit.

Actually, during COVID (January 2021), mortgage interest rates dropped to historically low levels, reaching 2.65%.Wondering how long will I have to wait for rates to dip below 3% again?