You calculated 8 turns a month?

@Marc Shin We're funding cash out refis for a lot of our most experience BRRRR clients right around day 91 (to pass 90 days of title seasoning) where we get the process started (appraisal, title, application, etc) around day 60  (plus or minus) when they have the place fully renovated and at least listed for rent (we'll use appraisers opinion of market rent to calculate DSCR). 

And I would argue purchasing is easier than managing.Luke 14:28-30 For which one of you, when he wants to build a tower, does not first sit down and calculate the cost to see if he has enough to complete it?

Make sure to also include in your calculation all the associated costs of those homes (maintenance, cap-x, management, vacancy, etc) then include the selling cost of the home since the appreciation isn't unlocked until you sell the home.

It sounds like you took some calculated risks which have obviously paid off.

Quote from @Sean O'Keefe:In your article you said, We had a recent court case which said in black and white: you cannot calculate an average if you do not have at least two numbers to average.Can you provide the court case reference? 

You said "don't do it for the money," but I'm sure money calculations were part of convincing you this would be a reasonable way to spend your time and money.

& track my job costs against each category so I can compare my budget vs actuals and calculate the variances.For example:Electrical Budget: $4,000Electrical Actual: $6,300Variance: +$2,300This process is more tedious because you have to breakdown each invoice or receipt and allocate the costs to each Category, but it really helps you understand where you are spending your money and why you went over budget.Otherwise, it sounds like you are having trouble measuring employee productivity?  

There are just numerous variables and calculations you must analyze to check. 

Since you plan to keep it the ARV doesn't matter in this calculation.