If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

I went back to Memphis last year for the first time in six years to find all is as advertised with very minor exceptions.We have picture inspections done every four months, cost $75, because I'm a trust but verify guy.Good people, good service.   

You see it in all kinds of advertising and marketing for guru offerings, but when you get down to it, what does it really mean, and how can it impact you? 

This is not meant as solicitation or advertisement of services. 

So when I see an advertisement like this I feel like it would be a waste of my time and money, but perhaps interesting for others. 

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

The date you are able to take depreciation is when the property is ready for renting (i.e. advertising for rent or obtaining a certificate of occupancy).

I haven't personally dealt with any crazy insurance premiums such as the ones people have been advertising in like Tampa, FL.

Some numbers:Expected 2026 income after raising rents to market value and assuming 7% vacancy: $144k.Expenses: $14k property management, $18k property tax, $10k insurance, $10k utilities, $8k in repairs/maintenance/advertising/admin/etc: Total operating expenses: $60kNOI: $84kBased on 6% cap rate that brings the valuation to only $1.4m, or $1.5m based on 5.5% cap rate.

How do you advertise your vacant units?