Here's the simplified summary: 328k purchase price, 40k rehab, 75% LTV, 410k ARV, $400 yearly cash flow (I understand this is low)With these numbers we will recoup all but 20.5k of our initial investment.

@Philip L.Katie Haller with Simplified insurance does mine and most of my clients and everyone likes her and her product.

I just set up a YourPorter account, and it looks like that should simplify some of the cleaning things. 

Of course these numbers are examples, ensure to plug in your own numbers.To simplify investing, having limits of what you will accept and sticking to them is key. 

(There will be closing costs involved in the $140K - you will actually get $140K minus closing costs in funds.)This is overly simplified.  

I wanted to simplify our assets and make it KISS "Keep-It=Simply-Stupid" and used J.L Collins's advice from the simple path to wealth for investment guidance. 

But I further simplify the process with my clients than using a spreadsheet.

I take the lesser of these two values.Real life example (numbers simplified):  Duplex in Hendersonville, NC (outside Asheville)(this is a few years ago, so these numbers vary today)ARV is $200k with $800/mo market rent70% LTV = $140kExpenses are ~40% of gross rent NOI = $960/moRehab/closing costs, etc = $10k (this one needed very little)Perfect BRRRR = $130k purchase price (I went above this)$200/mo cash flow = $760 P&I mortgage payment @ 4% = $159,000 mortgage - $10k = $149k MAOActual Purchase Price:  $142,500Mortgage:  $140k @ 4% = $668/moCash Flow:  $292/moBasis after BRRRR = $142500 + $10k - $140k = $12,500CoC = $292*12 = $3504/year / $12,500 = 28%The BRRRR was great, but the real value is this property is now worth $280k. 

I live in CA and I had a family member helping me manage but they just moved and I need boots on the ground to simplified things since I am not there, or always available due to the nature of my job.

Hi folks, I am currently doing research and looking into potential solutions and successful methods to simplify keys and gaining access to all our units.