HOWEVER, for 1-4 unit properties comparable sales is the predominant method appraisers use to establish value not income.

One that involved firing their entire field operations team, which I thought was key to their success.

Should have done more digging up front on everyone involved in the deal, not just the managing GP.

Anyway I thought I would share with you my method of contract reading because it might help you in the future.

We keep everyone in the loop all throughout the process.To stay on track, we maintain a comprehensive checklist that covers all the tasks involved in closing a deal.

-------------------------------------------I am involved in a construction project which requires a Builder’s Risk policy/coverage…something off the beaten track for most people.

If not, you're gonna run into many more issues that will take longer to fix.2) What is your lead gen method?

.- Low crime, low foot traffic- Access to restaurants, grocery and job (hospital, university, denver tech center, denver downtown)- COC ~5-6%My preferred method to buy is Sub-To, so I would like sellers (and agents) who are ready and willing to consider this.

I am also eligible for the Section 121 exclusion for this transaction.I received two 1099-S forms from the title company: one reporting the cash proceeds (box 2 for Gross Proceeds) and the other showing no amount in box 2 but with box 4 checked, indicating the transaction involved a 1031 exchange.

Then, you'll match that journal entry to the bank feed deposit within Stessa that will most likely flow through your bank account in early October.This method allows you to clearly see your income less all applicable expenses per month per property within your master accounting software.Doing this also has the added benefit of allowing you to catch any mistakes made by the PM as well (we catch mistakes all the time for our Clients that would have otherwise cost them money).Does that make sense?