Have collected rentals over my working life and managed them myself( since retiring 20+ years ago), and am finding it more and more difficult to keep up with the maintenance, management, and tenant selection process as the body is not as agile as it once was and either is my patience. 

Each message should be an iteration of your contact information, the benefits to the Seller of working with YOU, and a strong call to action.Don't be overly wordy, keep it short and sweet, do not tell tales ("my wife and I are looking to move into this neighborhood"...unless you really are planning to do just that....I've run a number of successful campaigns for people looking for a personal residence).

The engineer just came through today and re-iterated the same issues but I will not have his report until Monday.

Pros: 30-day money back guarantee for first month, real estate centric Cons: Expensive and additional costs for more projectsCost: Starting at $99/month for one project but additional fees for more projectJIRA – offers flexible issue and project tracking with best-in-class agile tooling for software teams “JIRA has a huge marketplace which allows you to really scope what type of project management system you want to build” Jared BeauchampPros: Proven in software development Cons:Not designed for real estateCost: Starting $10 for 1-10 users, $75 for 11-15 users, $150 for 16-25 users, $300 for 26-50 usersPrimavera – Used by commercial builders for project management.

William touched on the tax benefits, but to re-iterate, these benefits are only available on larger commercial deals, but not small rentals.

The firm before that one went through about 3 iterations of CRMS from infusionsoft to follow up boss, KVCore, etc.

Team,Hope you all are safe and finding ways to stay agile/profitable in these times(yes, even you graduates of that school up North).   

I went through 10+ iterations of plans upon finally deciding on this set. 2) the car ports will be the tandem spots, the drive way can fit 2 cars side by side (the tandem spots aren't listed because this isn't the final plans for the city)3) I really hope you're wrong, I want this thing built in 9 months or less (granted there is not much rain delays)4) I have my worse case scenario at 450K all in; 375K is a likely number5) Site management is going to be a nightmare, I agree with you.

There are a few different iterations, but essentially, you have a 40 year fixed rate that is broken up into two parts; the first ten years is interest only, then automatically "converts" to an amortized loan over the next 30 years. 

To re-iterate what you said, capping this cash flow at 8% would lead to a value of $1,000,000 assuming this cash flow into perpetuity.