Hello, My name is Matthew I'm new to real estate investing and am currently looking to start off with a rental property to get started, having done a lot of reading and research on my end I'm still looking into getting a better understanding and more knowledge so that I can be as prepared as I can be.

It is the most popular software in the industry, and most Tax Preparers are familiar with it, which makes tax season easier.My Recommendation: Spreadsheets are usually fine for your first 1-3 properties. 3+ properties, you should use a software.

Investment Info:Single-family residence buy & hold investment in Jackson.

That being said, here’s what I would recommend for a thorough DD process:-Build a plan in advance (setup a spreadsheet, meet with the team, etc)-be prepared to take a lot of pictures -document notes with each room (we use notes on Apple and share it with the team)-align the team on standardizing information (example: what does “bad” mean, what does “okay” mean, etc - everyone looks at things differently and you want to make sure the notes are accurate during your debrief)-bring in professionals for things you can see, like sewer lines hope this short list helps! 

Be prepared to explain why the extension is necessary and demonstrate your commitment to closing the deal.

I have purchased a 4 plex with hard money as well as used my HELOC from primary residence.

I'm originally from Western PA as well (Slippery Rock) and now reside in Atlanta.Here is how I am looking at it along with the assumptions I am making:1) I think the growth prospects are better in the Atlanta market than Pittsburgh from a pure demographics standpoint.2) I estimate your return on equity at 7.2% currently3) Over the long haul appreciation is going to take you further when it comes to net worth than cashflow will4) Doubling of the roofs is doubling the expensesThings to consider:1) What is the year built of your Atlanta property vs. what you could replace it with in PGH?

If you are having trouble finding a resident, there is another issue.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.