If you're currently still looking to evaluate software, I will be happy to connect with you in regard to your needs and how Buildium can help you with what you're currently doing.   

How do you confidently project rents when evaluating deals in these types of markets?

I am still evaluating if this is the best investment for me to proceed with as we get further through due diligence and I will keep everyone updated on how things go.

It's an active business, not passive so I believe that requires continually evaluating the property, adjustments to decor, etc may be needed as well to make sure I'm fully optimizing the property.I have a lot of home renovation experience from my own personal home and my LTR's already so I'm very used to this kind of work.

@Laurieann Frazier-Duarte feedback:1) How many competing rental properties have you toured to evaluate how your home compares?

@Andrew Frishman - here is some food for thought to get you started: https://www.biggerpockets.com/member-blogs/11782/84402-how-to-evaluate-a-sponsor Feel free to DM me with any specific questions, I have invested in multiple deals as a LP and as a GP.

Out of 2,500+ investors we have as clients, only a small handful invest as an LLC.I could see the point to an entity if a group of family members or friends were pooling their money to invest in a syndication or several syndications, but outside of that scenario I don’t see the point to it.But don’t listen to us, get competent legal and accounting advice from those licensed to give you proper advice after evaluating your legal and financial situation and risk tolerance.

Thanks, Nick.I just signed up for BP Pro and am getting my feet wet with the information.I appreciate the offer to help evaluate any loan products when I get to that point.

If you sell or transfer the property - that basis is re-evaluated at the time of the new sale  and would likely increase - making your taxes higher.  

Can you evaluate repair costs?