Definitely filing that under “things I’ll do differently next time.”About the appraisal discrepancy—it’s frustrating, but you’re probably right that it’s not a huge shock since I didn’t make any changes to the property.

Just want to start setting up as if it were. so far i have thought about creating 7 accounts.1) all rental income account 2) account where common utilities and mortgage will be billed3)maintence/capex expenses4)vacancy expense5)management expense (to put the units up for rent)6) property taxes 7)cashflow am i missing anything? 

Fixing a leaky toilet, replacing a broken light fixture, etc. can create good will.

This will likely change through your real estate journey, but I always recommend starting with something in mind.

One thing that’s helped me stay on track is creating a timeline as soon as a deal is under contract, mapping out every key date and task.

I'm a rookie in whole selling , I only have the knowledge that social media has and I think I understand how it works but have no idea of where to start or how its pretty frustrating not being able to provide for my family the way I want to and I could really use some advice or maybe tutoring in this subject, I just turned 20 and I want to have a good life in this economy I could really use any advice thank you so much.

This is something that can easily be changed later if needed.

Omar has there been any recent changes with this? 

@Devan Praska I do not have a manual for my tenants but have created a manual for each of my properties in the event that something might happen to me and someone else would have to take over the management of them.

Stability: Homeowners tend to stay in their homes longer than renters, which can create a more stable environment for families and children.