Hi Everyone,I've read countless threads on deal structuring and how it's an artform, not a science.  

Most of this stuff isn’t rocket science. 🤷🏻‍♂️ Of course, we are far from his only clients with real estate investments.

Prior to listening to that podcast I had a certain level of frustration because I don't find any of this to be rocket science but it's not like anything I've done in the past where I can just "go" ASAP.  

It is not rocket science.  

Maybe get rid of the 10% buffer if you already have a lot of science behind the estimate.Maintenance - As others have said, the maintenance number is too low (especially for 100% turnover) but your combined maintenance and cap ex do not appear too low.Appreciation and Principal Reduction - Cash flow is one of three profit drivers in real estate and to calculate the true return, factor in the other two drivers using the IRR.At a 60% expense rate for a $1450 rental, you are likely forecasting expenses a little on the high side (even with the higher taxes) but you may not be too far off (and the tweaks I mentioned may help).

It's not rocket science. 

-My two degrees are in Political Science and Business Economics -- Note, I am currently looking into property management, but since I technically already property manage two places, I think it would be a conflict of interest.

There is an art and science to purchasing and operating real estate for income purposes.

I graduated in 2017 with a bachelors in Material Science and Engineering from the University of Minnesota, Twin Cities. 

Math, however, is a science.