Do this a few times before you start buying rental properties and you will always have money to buy more.Anthea…I just gave you the simplified version.

Property management, I would stick with the desktop version.

I just got notice that they are upgrading to a new version and will have big data and better accounting...the best part that Iike is that my tenants can easily pay rent and the rent payment is automatically accounted for in my software.  

In addition, you would need to subscribe to the local version of CoStar which isn't an inexpensive option (est $1,000+ per month) that is sold on an annual subscription basis. 

I was thinking that I could use a version of the refinancing strategy that folks use when they do flips, only my flip would be the addition of a unit.

I had been looking for a way to track our portfolio's performance, but I couldn't find a single resource online to do so.I built a Google Sheets (aka Excel Online) table that keeps track of the following:Purchase Price and DateCapital ExpensesFull Mortgage Amortization Table for each propertyA separate table letting me keep track of prices (either manually entered, Zestimate, or Appraisals or BPOs when available) (I had this automatically pull data from Zillow for a while, but then it broke, I'm working on a new version that will fix this.)

I've read that PEXa is even more resistant to bursting.We use the Uponor system, (formerly known as Wirsbo, expansion version, no crimp rings).

A friend did that with her turbo tax version of events and he found her big $$. 

More than a hand full of properties - quick books is always a good option - I believe there is a real estate version out there This is by no means perfect and it's just my suggestion.

GURU defined by Webster: a teacher or guide that you trust; a person who has a lot of experience in or knowledge about a particular subjectThe word is usually thrown around as a derogatory adjective, but do we sometimes give the noun version to the hype jockeys too many times whereby on some level validating them as such and forget the true meaning of the word?