As you can see by the attached photo I am tracking current cash flow as well as what my cash flow would be if my properties were fully paid off. 

How to track potential growth in an area to see if a lot is viable for purchase and building spec homes on etc. 

This deal showcased how strategic planning, targeted improvements, and a strong partnership could deliver impressive returns.

We have previously tracked all expenses manually in google sheets and produced financials statements manually, also in google sheets.  

Here are a few additional strategies that might help mitigate risk if you decide to rent the property:Hire a Strong Property Management Company: While you’ve already spoken with some PMs, consider finding one with extensive experience managing single-family rentals in Cook County specifically.

Meeting the 100-hour material participation rule qualifies your STR income as active as long as no one else participates more than you, This will allow losses to offset W-2 or other active income.While there’s no official IRS form to track hours, maintaining a detailed log is essential in case of an audit.

Carefully track all activities, as remote management can face IRS scrutiny. 

Just curious, how do you automate tracking expenses?  

Then hours are tracked and paid from the retainer at first then billed as you go after that. 

I called back again and asked for the Supervisor and 2 weeks later still no call.Based upon my experience, I would strongly urge anyone to be very careful doing business with Ron LeGrand or Financial Freedom.