If we assume $1285 in gross rent, or $5140 per month for the quad, the 8% PM fee would amount to $411 per month or $4930 per year after year 2.Now if we do some simple math:$18600- 6240 for miscalculated rent- 4457 for miscalculated HOA dues= $7903 in cash flow per year. 

I recommend the book: "BRRRR: The BRRRR Rental Property Investment Strategy Made Simple" by David Greene and Clifford Ponder.Message me if you have specific questions I can help with.

For a simple/budget-friendly option, Google sheets/Excel can actually be a great starting point.8.

Additionally, it's essential to exercise caution with certain hard money lenders, as some may eagerly finance questionable deals with the intention of foreclosing.

Filling out the contracts is surprisingly simple.

This is super simple work. 

Why do you want to work with agents who don't understand simple things like owner financing in real estate, it's really simple.

.: Before the fur starts flying, can I at least make one simple statement about this situation?

Fortunately our remedy was fairly simple, large floor fans and new ceiling tiles but it was a massive inconvenience and the damage would likely be much worse if it repeated in units in other places.

Now the business itself is rather simple.