QuickBooks has an "app" for that.Not an "App" like an Apple Ipad App, but QuickBooks will design things for you based on what you're looking for because QuickBooks allows YOU to customize it to fit your needs.

The scenarios are really apples and oranges.  

I know a cap rate helps investors determine the value of a property but why not just find a similar sold property and compare apples to apples? 

We have it explicitly excluded from our lease.We have begun to accept payments via  Venmo, and while we don't get payments that way, we also just set up Apple pay.

try BizXpenTrkr on the apple store

Apple can borrow short-term money at 0.5% from banks.  

There is a local underground referral system where the bad tenants actually tell other bad apples about a landlord being "soft" so they can be the next to take advantage and skimp on rent.

Value like the ATT mentioned upthread pays now but is not likely to appreciate much, , while for decades no one had ever gotten a dividend from Apple but had made tremendous amounts of appreciation. 

The substantial boost to our income and the fact that most tenants are good, reasonable people are the two pieces that keep us holding on when a "bad apple" falls through. 

Turnover costs are minimized in some ways, but if she left some of the stuff I would fix is stuff I will do anyway in the next year or two with her or without there so it is already spent costs. your talking apples and oranges compared to rentals in the mid west which are plentiful.. its not high demand low vacancy west coast. could not be farther from reality..