As I've started to dive into real estate investment this year, thought about creating a personalized AI assistant for investment deal analysis, that can help to speed up and simplify the deal analysis and compare strategies for the same property and enhance with the data.

The ABCs of Real Estate Investing by Ken McElroy"The ABCs of Real Estate Investing" by Ken McElroy is a book that simplifies the complex world of real estate investing into easy-to-understand concepts, just like learning your ABCs.In this book, McElroy breaks down the essential aspects of real estate investing, making it accessible for beginners.The book covers topics such as finding investment properties, understanding financing, and managing rental properties.McElroy's writing style is clear and straightforward, making it easy for eighth graders and beginners to grasp the fundamental principles of real estate.By reading "The ABCs of Real Estate Investing," you can learn the basics of how to grow your wealth through real estate.It's like starting with the building blocks of knowledge and gradually building a strong foundation in the world of real estate.So, if you're looking to start your real estate journey, consider picking up a copy of this book.It's like having a friendly guide by your side, teaching you the essential ABCs of real estate investing.4.

By having predefined criteria in place, landlords can make objective decisions based on consistent standards, which not only simplifies the screening process but also helps maintain fairness and transparency for all prospective tenants.Compliance with Fair Housing Laws:It is essential for landlords to understand the significance of adhering to fair housing laws during the tenant screening process to prevent any form of discrimination.

(This is over-simplified but I hope you can see where I'm going)I'm not sure how to do the math to see the exact figures in both cases to determine amount saved vs amount gained over time.There's got to be a formula or a calculator somewhere but I'm not having any luck with search results using my existing (limited) terminology.  

Here is hypothetical purchase, Actual Purchase price: 60kActual Rehab cost: 20kARV (appraised value): 120kClosing HUD statement: 100k (60k to seller + 40k to buyer)Delayed finance: 80k (80% of closing HUD statement because this value is less than 80% of 120k appraised value)Using 80% for simplified math but can be replaced with 75%.Correct me if my understanding is incorrect.

Google 'Holding LLC' as that's one approach often used for somewhat simplifying things when you're operating 'actively' in multiple states.

The log should include:Odometer at the beginning and end of the yearDate, purpose, and locations of each tripNumber of miles for each tripUsing an automatic mileage tracking app like MileIQ, combined with Stessa's mileage expense feature, can simplify this process.

If your going to tackle trying to do three back to back I think this would simplify it.

You can guess that this is horribly simplified from a four hour class.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.