I would like to know if you guys have an excel based calculator which you guys use to evaluate a property for rental reasons?

proper notice to enter is usually defined by the state as 24 hours notice. some states require 48. that is your starting point. that being said, coming through with a high amount of showings can be considered as disrupting the tenants right to peaceful enjoyment of their home. if you plan on coming through with one or two, you should be ok (legally) to give tenant prior written notice and come in regardless of their objections. if you think it may take multiple showings, you are likely better off to work with the tenant to set up a block of time for an open house. in extreme situations, you can consider offering a gift card to a local restaurant or movie theater to get them out. the tricky part is striking a balance between what is legal, entering with proper notice, and what is fair and reasonable, since the tenant can purposely leave the house an extreme mess to make it harder to re-rent, badmouth you to potential renters, and may even try to refuse entry. how you approach will depend on your relationship with tenant.

Ocean City is ripe for utilizing a local management company like Shoreline Properties (I have no relationship with them other than renting from them) that have all of the services in place.

Thanks for responding I have the basic info just looking for someone to build relationships with

@Anthony Wick I have a great relationship with a mortgage lender, that combined with my W2 income will get me the refi. 

We've had 2 hydrastatic tests done and both have come up excellent, so it's not a leak under the house.

I have been in the process of setting up my own business to do transactions under, and have been spending any of my free time reading books about real estate, setting up excel sheets, and getting to know my local neighborhoods better. 

So in Texas we are looking to build relationships and possibly partner up if its a great deal for all parties involved.

Then again it might be worth it to you to build up a solid business relationship with this particular contractor but it seems to me he is already reducing his risks since you are paying for his labor.

Best, Andrew Excellent post for anybody starting out Andrew.