Justin: Here in California, a mold disclosure form as part of a lease is not a legal requirement but is certainly something I would not omit.

So, I'm wondering how you go from making an offer on pro forma data to closing on actual data. 

In doing so you will have form a habit; as well as learning and retaining useful real estate information without struggling.Bigger Pockets has various resources such as: ebooks, forums, blogs, webinars, podcasts, keyword alerts, an awards system, a learn section, colleagues, informative people in many fields of real estate, and more.

The general consensus is to form a separate LLC for each property.

It seems like you already have a solid foundation to work from but some recommendations regarding BP:I highly recommend BP's Ultimate Beginner's Guide, it helps to form a general foundation in the industry.

Property information, including its type and condition, the purchase price, financial history, proposed “value add” and exit strategies and pro forma financial projections.7.

I underwrite 2-3% rent growth in our pro forma's annually, but I also add a 2% expense growth on an annual basis.

Did I screw up my pro-forma? 

Sorry to go back to the #s but I had a quick question regarding the Pro Forma. 

But I hope at the end of the year all of the properties would be rented out and bringing cash and meet the pro forma number of 54.5K a year.