With the CRM I am still getting use to mine, I'm thinking about taking classes to get more familiarized with it!

Look into asset classes with stronger cash flow, such as small multifamily properties, short-term rentals, or mobile home parks.

- Looking in Class A areas expecting to cashflow?

Rancho is working class, solid neighborhoods, decent schools, and lot of first time home buyers looking for a decently sized house.

A lot of classes can be used in multiple states.

class action is what you see on TV  unless there is insurance money to go after you guys are going to have to pay a LARGE retainer to engage an attorney.. and if your deposits are only 40k or so Suing is a waste of time and money for any litigation that small

If you start buying properties in Class C neighborhoods, you can take advantage of higher and more stable rents/renters with Section 8 vouchers. 

Evan took an online class and learned how to replaster walls and yes I do mean old school plaster.

Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.

The Regent Square side of Wilkinsburg west of the MLK Busway is a borderline A class neighborhood.