This can be time consuming and frustrating to keep track of.

Pay for dinners, lunch (rich people love freebies).You are on the right track to search for a "hand hold".

It was a nightmare to keep track of everything.Baselane has simplified my rent collection process significantly.

They both work slightly differently, but are similar enough that a call to the tenants rep usually can get you on the right track to making sure you follow all of the guidelines.

Lets say you get it for 205k but the rents will only support less than half of the expenses or overhead?

Scott – This one is tailored to investors looking to understand real estate accounting and bookkeeping.You might also consider looking into general bookkeeping books like "QuickBooks for Dummies" for managing finances, especially if you ever plan to expand beyond REI Hub or need more detailed tracking!

Learn how to use Google Map and Street View to home in on the overhead and street views of the property and neighborhood, so, you don't have to drive out there to see a heartbreak house with bad neighbors that you thought you could afford, but, it is in a War Zone.

Many seasoned investors are willing to share insights, and shadowing someone experienced can fast-track your learning curve.You’ll also want to familiarize yourself with the numbers behind successful flips—acquisition costs, renovation budgets, and after-repair value (ARV).

It’s very customizable and user friendly and makes it super easy to track all of our finances.

I think you are on the right track and should only be looking at values on owned land.