OK Thanks Chad.. yes now that you clarify that and I also work in the low value asset sand box but only to Investors who have money to turn them around I would never count on those owner occ's to cure at least at any large % to easy to  walk  and the properties as you mentioned many will be functionally obsolete and economically obsolete so they turn into your basic zombie house that local wholesalers go for ..

But he chose that one over the others because it was very user friendly (for our older managers) and it offered a 'Groups' function where we could add certain individuals to different projects.

Ugh.Looking for options to QBO:- supports classes, or some functional equivalent to QBO classes, which I use to sort be able to look at per-property P&L, capEx, etc.- CPA just wants a pdf or excel SS for P&L, BalanceSheet, GL - so could use whatever I want, in theory.- bank integration (download transactions) a must- no employees, so don't need payroll- if it'll bill that's awesome.

They're all very similar in my opinion, and do about 90% similar functions.

They are rules of thumb we use to function day to day because the FACTS are too needlessly complicated to use to make every decision in life.

During your initial walkthrough, inspect the property for any major issues such as structural damage, roofing problems, plumbing, and electrical concerns, while documenting all cosmetic and functional issues with detailed photos and notes.Once you confirm the property’s potential, finalize your ARV and calculate the repair costs using either a reliable estimator or insights from contractors.

There are some important factors that you need to take note of with regards to the 1031 exchange or the Tax-deferred exchange: •One important requirement you need to have if are an investor and you want to take advantage of this 1031 Exchange is that the property you are selling should be significant when it comes to trade or business functions that are beneficial for the people as well as for the government.

Secondly, the appraisal often notes functional obsolescence because of this and a lack of a common area.

Most do not follow it which is you can have someone assist in capital raise but it cannot be their only function - it must be less than 50%.

Quote from @Zachary Deal: One thing to keep in mind if you are doing this is that you are likely to create "functional obsolescence" which could mean you are not able to get a new loan against your property and it can be difficult to resell as well.