Doug, you took the words right out of my mouth, and I like it that you nailed both sides of the coin, finishing with a truth that is important: "it's not necessarily a waste of time, just not the best use of your time."

So that's the problem that I'm interested in solving.You are right that it would be best to nail down these real costs and land on a more reliable number. 

So making sure, I nail it, I wanted to reach out to the community to see what data I should request to make sure I come up with my NOI  to properly calculate my CAP RATE...This to request:Income+Rent Roll +Leases  ( When under contract)+Tenant Estoppel Form (While under contract)Expenses(They sent me Profit andd Loss Statement) I asked for an expense report but they manage there on properties and Im questioning the expense report they sent.....

Congrats - looks like you nailed the timing on the financings perfectly!

Really Feel like I/we have nailed down that best balance of Price/Roi/location here in Metro Detroit My rental portfolio is here and performs extremely well with minimal headaches.Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)Basically 1.2-1.4% dealsWe have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

Ask yourself why ($20k/mo) 7 times to nail it.

Jared hit the nail on the head. 

I think @Jay Hurst hit the nail on the head.

I've nailed it down between two Permits.

You can drive a nail into a board with a wrench, but knowing that a hammer is a better tool and then understanding the techniques on how to use a hammer is important too.