Use this information to establish a more accurate CapEx reserves requirement.

Ideally they should be able to provide you with either trailing 12 months or trailing 24 months worth of financials so that you can see that the cap rate is reasonable/ accurate and that they have a consistent tenant base.

Quite frankly I am surprised how accurate they seem to be.  

You'll get more accurate advice and answers, and they will probably be more willing to work with you and guide you in the right direction if they have documentation to look at (tax returns, W2s, amounts you paid for each property, taxes, insurance costs, estimated rents and completed values, etc).

Is that accurate or where would you suggest the best places are to buy for rentals?

Several of the variables (anything w/ appreciation) are speculative and won't be accurate until executed.

Maybe once we get closer to get a more accurate analysis.Thanks,Juan

It is not as accurate but if you build in a little extra on top you should be fine.

Hi all,I am trying to make sure my calculations with my due diligence are accurate upon selecting my first deal for a SFR rental that would be a newly renovated turnkey managed by a PM. 

Accurate advice from @Steve Racicot here.