You have the inside track.

Others recommend tools like Stessa or Buildium to track actual costs and project future expenses. 

Hey, congrats on finding a potential flip—it sounds like you’re on the right track!

Being clear about what you want to do from the start not only helps you stay on track, but it also makes it easier to spot problems or delays before they happen.I totally agree that talking to people is important.

I am tracking on all these notes.

A good manager will handle tenant communication, security deposit transfers, and ensure a smooth transition for you.Changing managers doesn’t have to be difficult—following the agreement and partnering with a competent new PM will help you get things back on track.

Keep building, you’re on the right track!

Quote from @Leon G.: I currently own two rental units. a duplex and a SFH... both renters in my duplex are vacating end of March. 

My last deal was an exact wrap at 3.5% granted I had to put $80k down to pull it off, but it’s a great way to keep the train on the tracks.  

We use a third party servicer to do all of this - much easier and when starting just tracked payments in wuickbooks as servicer tracked everything else