Hey everybody, In my area there seem to be condos that will pop up which could possibly make good cash flowing rentals.

Then the another question pops out , why should I pay for the owners bad balance record keeping???

Which for many people is zero.I do own bitcoin but it's a very small portion of my portfolioThe insurance companies and insitutions buying 100 - 600 mil pops recently at 19k, are they making those moves as a store of value play or trading spec?

The other is that small multi unit buildings typically have a few less expenses since they are run more like mom and pop buildings (No LLC, no leasing fees, no property manager fees, etc). 

Local lenders will do better in terms of winning properties, but they don't have to be mom and pop.

Hi @Adam HoekerI have my clients all on QuickBooks Online.We sync in their accounts to reduce human error in entries, and track each property's expenses and transactions to prepare for Tax time, this helps us to be prepared for 1099s as well, track Asset Basis and Depreciation, Mortgage Balances, and any Equity items.Since QBO is very common, it is easy to connect a Tax Accountant to this as well and have them pop in to grab reports they need to file. 

If there is a discrepancy from what you were told then you ask for a concession on the price in accordance to what was missing in incomeIf they show you an actual rent roll that will give you an idea of income, delinquency and lease terms.It's hard working with mom and pop sellers.

You’ll see the same names pop up to answer complicated questions though I don’t know how hard it would be to hire them for just this function. 

These are all mom-and-pop operations, so setting this up was easy.

It popped back up on Redfin this morning, however, it did that a few weeks ago and then disappeared.