If you want your hand held, a PM that specializes in MTRs may be worth the money for your first year.

I am trying to manage the asset and the property managers.Here is the basic functionality I'm looking for: Property View: Customizable view that allows me to select a given property and view, update, and save information including the obvious facts, plus ownership %'s, reserves to be held each month, property tax/insurance info, purchase and loan info.

However, sellers currently on the market are more likely to accept lower offers, giving us some room for negotiation.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents held steady from September to October, bucking the seasonal trend.

It's not the same thing.If you have $130,000 in equity, I would not use any more than $65,000 on a new property and $15,000 of that should be held for reserves so you would have $50,000 for downpayment and closing costs really.Unless your rental property is new construction, you don't want to max out the equity in case of large repairs coming.

It worked tremendously and I was on pace to pay off my 240k 30 year mortgage in 9 years not changing anything other than the way I held money.

Know that the market you're serving does exist, and is like an underlying current that's being held back by walled garden that the government has only recently scrutinize.Zillow, Redfin and Trulia has all attempted at disintermediation and increase market efficiency, but failed due to the market powers that maybe. 

The top chart below quickly shows you what the renovated, avg and distressed homes sell for in that area on a $/sf basis over time, so if you are estimating way over the top line, you instantly know something is off, maybe you have an outlier comp on your hands, etc.It doesn't have STR data, because any STR we build must also pencil as a LTR to avoid being upside down if it doesn't workout, so we use normal residential lease data when underwriting our rentals.As for forecasts on the market, I don't do any aside from the current Q trending % at the footer of the charts, and it's really just the current Q's average data/performance held constant and applied to the rest of the quarter (since not fully done with Q yet).

Day) should certainly be brought into question.Kevin your sitting over in a foreign land and not really knowing what trolling is .. but it its sharing a strongly held opinion based on 20 years of funding over 2,000 turn key properties in 12 markets... well then I guess that's what I am doing..

It also has a 6,000 sq ft metal building on it as well. 

1. check if your jurisdiction allows detached ADUs2. check if you can split ownership of the two homes Hi @Adrian Chu, I am also in the Seattle area and have been interested in this hack, but I am still getting held up on understanding how you split the ownership of the home/property.