Most of the pro-formas I have seen from them don't even have a line for repairs and maintenance much less capital reserves, which is almost criminal in my mind.

Daren,Coming up with rent estimates for 'pro-forma' (deal) analysis is both a science and an art.

Thanks in advance.SusanCost: $100,000Rehab: $20,000 maybe lessAVR $139,000COC  ROI 8.06%Purchase Cap Rate 7.64% not as high as I would like it to bePro-Forma Cap Rate 5.49%Estimated rental $850.00/monthmonthly cash flow 50% rule only $65.75Total cash flow: $277.18

Another option is to form a Canadian corporation and use it to purchase your properties.

@Mark Mattison and I have started to try to form a group to met up for discussions and networking.  

What I would caution is to model higher occupancy earlier on in your pro forma before you get reviews etc to get the traffic.

Turnkey operators love to advertise that way because it often makes their investments appear to be more attractive than they usually are, but it is often total bunk based on blue sky pro forma projections that you will never see or achieve. 

My buddy and I, both 25, have worked closely over the past couple of years on different non business activities for the community and we are looking to join together to form a business relationship with the goal of buy and hold rental properties for extra income as we both have steady full time careers. 

The BRRR calculator put my purchase cap rate at 13.07%, the pro forma at 7.01% and the monthly cash flow at $690.

@Ronaldo Carvalho You want to start by getting the actual financials, not the pro forma.