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!

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

You're definitely on the right track with investing your time in real estate and getting active on BP!

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

If you do a good job with building sponsor relationships, then you can probably get to the point that they'll allow you to use their track record. 

@Tak OgiharaThe Mexican government has an unbeatable track record of investing billions of dollars in infrastructure and marketing to support their tourism industry at the cost of billions of dollars.

My point is I want to avoid paying for the repairs, am I on the right track and is there any advice I should know before my first auction ?

I've had HUD forms filled out billing me for pro-rations that were the seller's responsibility, agents who have lost track of contingency removal dates, ... the list goes on and on.

https://www.biggerpockets.com/forums/49/topics/1179403-dscr-loan-prepayment-penaltieshttps://www.biggerpockets.com/forums/50/topics/1165246-dscr-loan-optionshttps://www.biggerpockets.com/forums/853/topics/1180832-dscr-cash-out-refi-optionshttps://www.biggerpockets.com/blog/2024-dscr-loan-rates-and-how-to-track+https://lendingone.com/our-rental-loans/https://www.visiolending.com/dscr

I’ve been documenting multiple comps close to my house tracking rents and it seems like my house would rent around $2,000/month.