First download @Jon Crosby 's app called click to flip and run a few numbers just to get a broad idea of feasibility. 

Yep downloaded the tool.. and playing around with it a bit... thanks!

You are the best person to determine the needed income, the selection of the tenant and the approval of the lease.Go for it. i downloaded boiler plate lease here from bp. added few things  would you be willing to read my actual lease b4 we sign?

I would just download an app for your phone.  

We use one business card for simplicity and download the transactions and then reconcile them by Category (Office Supplies, Repairs & Maintenance, Property Mgmt, etc.), by Responsible Entity (which LLC, corp or whatever) and property if necessary.

People with iPhones prefer airbnb and get more airbnb.

@Rickey Stevens check this pdf download called "The Top 20 Real Estate Books Every Investor Should Read" at https://www.biggerpockets.com/books

@Lindsey Orr welcome to BP it's a great resource to investors like yourself. you are able to download both contracts here on BP by going into your tools tab then going to file place there you may search for the contract you desire.

I’m downloading a copy of the forclosure notice of trustee sales when they get updated on my County clerk’s website.

Download PDF Edit Report Discuss in Forums Other Actions $1,500.00 Monthly Income $786.67 Monthly Expenses $713.33 Monthly Cashflow 12.53% Pro Forma Cap $10,024.00 NOI $18,480.00 Total Cash Needed 46.32% Cash on Cash ROI 18.26% Purchase Cap Rate Expenses Income 50% Rule Total operating expenses: $664.67 Mortgage expenses: $122.00 Vacancy: $75.00 Repairs: $75.00 CapEx: $75.00 Insurance: $150.00 Management: $150.00 P&I: $122.00 Property Taxes: $139.67 $54,900 Purchase Price Purchase Closing Costs $2,500.00 Estimated Repairs $5,000.00 Total Project Cost $62,400.00 After Repair Value $80,000.00 Down Payment $10,980.00 Loan Amount $43,920.00 Loan Points $0.00 Amortized Over 30 years Loan Interest Rate Monthly P&I $122.00 Total Cash Needed $18,480.00