For my property I am using quickbooks for my accountant and excel for myself, trying to come up with my own system and letting quickbooks also be my backup incase I royal screwup the excel.

The numbers are the numbers, feels like its ego and emotion that create the amusing responses we're seeing in this thread. 

The wise and the savvy will find that either disgusting or amusing but certainly not something worth following!!

It amuses both @Joe Villeneuve and me that people confuse Detroit and Michigan and that people think we live in a 3rd world country.Metro Detroit has problems?

I am a W2 earner and I have ANALYSIS PARALYSIS and I am using R2R to get past that.

Posting this to see if any experienced folks have any input, thanks for reading.I am a music composer primarily, and have my own composing business that has been my full time occupation.

@Cameron outlined a strategy that I am using now to work on acquiring a house.  

The renovation will cover the following:Kitchen - new floor, cabinets, appliances, paint, and remove a non-load bearing wall to open up the kitchen and living room.Living room - new floor and paint2 main bedrooms - new floor and paintMain bathroom - gut renovation, new floors, vanity, sink, showerBasement - convert portion of the basement into a 3rd bedroom with new sheetrock, paint, and flooring for finished part of basement and staircase, - wall off 2nd bathroom and gut renovatePurchase Price: $60,000Repair Cost: $30,000 (my own initial estimate came in around $25-30k so I am using 30k to be safer)ARV: $130,000Down Payment: $13,500 (15%)Hard Money Loan: $76,500 (85%)Monthly Expenses (6 Month, Interest Only Term):Interest: $825 (11%)Taxes: $220Insurance: $40Total Monthly Expenses: $1,085Total Expenses Over 6 Month Loan Term: $6,510Cash in the deal by the time of ReFi:Down Payment: $13,500Monthly Expenses for 6 Months: $6,510Purchase closing costs: $2,500Total Cash in Deal: $22,510Refinance:ReFi Loan: $97,500 (75% LTV)HML Payback: $76,500Closing Costs: $3,000"Profit" after ReFi: $18,000Equity after ReFi: $32,500Rental Income:Gross Income: $1,300/monthReFi Mortage Payment: $642/monthFixed Costs: $260/monthVariable Costs: $299/month (23%)Cashflow: $99/monthMy 2 exit strategies would be to simply flip the house, or, if the valuation comes in slightly lower than expected, I am confident I can still rent it at this price because it is a very rent heavy area compared to owning and continue with the BRRRR method with slightly better cashflow because of a slightly smaller ReFi loan amount. 

I am using MySudo app on my cell giving me up to 9 additional cell phone number.I can decide which one to mute or not depending on priorities or use of that number.I have also multiple landline VoIP numbers going to my Pabx.

Hey Zack, I live in Oceanside and built an ADU and am using it for MTR.