@Wesley Bryant how are you calculating your terminal value for the IRR?

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I am new to real estate investing and I do not know where to start. To clarify, I am looking to be a long distance investor. Given this I know I will need a property managner/property management firm at some point. Do...

I have used BiggerPockets a lot throughout my journey from the rental calculators to getting lenders for my first BRRRR property, so I figured this would be a good place to start my search! 

@Kim Harlow-WilliamsThere will be other factors to consider where to invest besides pure math calculations. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I am trying to find out if I can include closing costs I am paying on behalf of the buyer in my capital gains calculation.  

It can obviously be a blindside and wreck your initial calculations for your ROI. 

So each month I will have to calculate out what was successfully remitted via Airbnb and what I'll need to do myself from my VRBO bookings.5.

Yes you could buy 1 house cash for $500,000, or you could buy $2,500,000 in real estate with 20% down.When the market appreciates 20%, one would yield you $100,000 while the other would yield you $500,000.This also doesn't calculate the increased cash on cash return you will get with increased rents across all of your properties rather than 1.