I simply negotiate that WITH seller and get sellers approval, in which seller would be a signor to it all because THERE AWARE and nothing is shady under the table stuff and the C4D has all this calculated into it. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

The rest, put you on near-worthless drip campaigns, don't understand calculating the offer price based upon rents - property taxes - insurance - MNT & Vacancy percentages, etc.DM @James Wise to schedule a chat with him!

I calculate the annual IRR (yield) (sort of like the APY on a CD at the bank) for each deal sold; the best has been an unbelievable 78% and the worst has been 5%. 

Here's a bit more in detail about how rates are calculated for DSCR loans:1.

Before the income subject to UBIT is calculated you can depreciate and deduct expenses and losses on that portion of the income so generally it's not as bad as people think. 

. ✌️ (and don’t forget to calculate short term capital gains tax - that’s why I prefer passive income over flipping)

I think you can through BP or through the aforementioned REI meet ups more than likely.i am inclined to agree with a previous poster in that i'm not sure driving for dollars will necessarily yield you what you are looking for.Network with as many other MF investors as possible in your area and find an agent that knows the market and can at the very least set you up on an MLS search for your criteria.Coupled with BP's deal analysis calculator you can then begin underwriting properties you receive from the MLS with your agent or on your own to better understand your market and tailor your expectations moving forward.I'm an investor focused agent that focuses on MF and while we are not in the same market if you have any questions about moving forward with MF LTRs i'd love to see how i could help.

I'd like to know in your experience what I should be calculating for my estimated expenses?

It's calculated as the ratio of your total loan amount (loan amount for purchase + loan amount for your rehab) to your total costs (purchase price + rehab budget). 95% is a good target.Avoid application and other upfront/junk fees.