Are there any tools I can use to determine estimated profit?

I’m looking for a feedback and advice around process and tools used by owners and managers around applicant submission, tracking, analyzing and selecting.

@Yanina Panfilenka - thank you for the additional links/tools.

There are many benefits with section 8 in order for the tenant to be placed in one of my properties they go through a process with the committee then when living in the property they need to abide by lease rules and keep the property in shape, if major damage is made or neglect to the property by the tenant they may losE their voucher from section 8, so it’s a very good idea to go this route and food for thought you always know your property is up to date safety wise and livable with annually inspections. 

This was the single best investment I have made into a tool.

Here are a few ideas to explore:HELOC Strategy: You’ve already got that HELOC lined up, which can be a great tool for down payments on new properties.

The addendum for lost tools is more than their replacement.

The beauty is if rents can keep up with expenses then PI remains constant and that is where the appreciation of increasing rents becomes a good thing.Sure overall costs can come in below 50% then that is a safety net.

Cost Segregation is a great tax planning tool.

The presumption is that legal entities are excellent tools, as long as you follow the corporate maintenance and corporate formalities.