If you get your system and modeling down and follow what I mentioned above with respect to coming up with your strike price/offer price, you shouldn't look back if someone overpays for the property.

s rating system. 

Just remember that wholesaling is much tougher than all the gurus make it seem to be, but not impossible at all if you create the right systems and understand, when you are new, that you are solving problems, not throwing cash.

The Rentastic (and other RE focused systems) do seem way more simple, and user friendly than QBO.

Overall, it's a good system.

There is a growing trend of apartment owners investing in submetering systems for water as these have gotten more affordable.

Coos Bay - The main delay with application in this area is whether the property is on public utilities or has a septic system and private or public water source.

Your fixed costs could be something like the following: $5k property tax, $2k insurance, $3k utility (including internet and TV), $2k landscaping (mowing, weeding), $2k or $3k maintenance (if you have a pool or hot tub). 

An Excel file or other detailed record-keeping system would okay, as long as it accurately tracks your hours spent on real estate activities.

I'm curious if anyone has a great system they'd like to share.