Do you have rental properties and no CPA as a frugality measure?

You are still building up equity though each year with potential for appreciation and in future years it will begin to cashflow as more equity is built.Here's an example from one of my deals on the calcs I ran to measure monthly cashflow:Purchased for $306000 Rental Income $1600 - after 5% vacancy - Net rental income = $1520Monthly mortgage payment $1029.65Maintenance reserve $50Condo fees $303Property taxes $115.25Insurance $35========Net cash flow ($12.90)Properly estimating rent is harder to do as you may drop lower than you had planned to attract quality tenants so I use conservative rental numbers.

So you need to be more accurate doing the analysis.We did it with the assumption that someday in the future, it will leak, so as a preventative measure have it done and don't have to worry about it.

@Amnaya A. cash flow is not the only measure.

But be sure to have one so you can measure the results of your actions against it. 

Long story short - buying site-unseen is relatively common, but should be approached with measured caution.

Value is measured best whenever there are more similar properties to compare the subject property to.

Does anyone have any insight to offer on:-powering homes with solar, electric furnaces (we know they’re expensive though I can’t get anyone to actually give me a price), solar water heaters, and other measures to cut house emissions-pre-/post-buy checklists-systems for running rental businessesFinally, shout out to @scottinnocente for being a knowledgeable and educated investor-real estate agent and the Green Mortgage Team for moving our financing along.

This state is out of control with tax measures, permit cost, and anti landlord rhetoric.

I certainly don’t know the future but I’m not sure pending sales is the best way to measure all this.