Ive tried Turbo tenant for my last two and it has simplified it a little.

Our role is to simplify the selling process for sellers.

Additionally, setting up leases and utilizing software platforms will simplify administrative tasks.

This is a very simplified response; hope it helps!

Simplified numbers on the deal:Purchase: $499KRenovation: $77KTotal loan: $578KEst ARV: $685K Refi LTV: 84%If all goes well, we’ll be looking at 13% forced equity + 3.5% down = ~16.5%.

Here's a simplified and effective approach: Gather Information: Obtain details about the property, including its purchase price, estimated rental income, expenses (such as property taxes, insurance, maintenance costs, and property management fees), vacancy rate, and any financing terms (e.g., interest rate, down payment, loan term).Calculate Gross Rental Income: Determine the total potential rental income the property could generate annually.

To be conservative and simplify the calculation, I will assume that we have only 1- and 2-bedroom properties in a 50 - 50 proportion.

The real battlefield is not on the hands of the realtor or paperwork.But it's initiation to take over NAR/MLS from Zillow/Homes/Redfin/Movoto.These are the realtor actual threat.Once they can simplified the process then some of the traditional broker is on trouble.

Having several similar rentals close to each other will simplify managing them.

Someone please explain to me how to create my first cash flow property...I'll use easy round numbers to simplify.