Lots of RE are watching this market and seeing what not to do.2)  Median income is an excellent metric to use.

While this doesn’t cut out the middleman completely, you can find excellent investment opportunities for flipping houses at a much better price than you’ll find on public real estate markets.

This structure lets you leverage rental income to qualify, without needing traditional income verification, making it an excellent option for building/scaling your portfolio.

I tried to follow along with some other forum posts and youtube videos on how to setup an excel sheet for IRR

These are normally the same investors who are preparing 12 tab excel spread sheets for their $100k BRRRR single family’s…..yeah they’re over compensating. 

While you wouldn't have any protection for the flood damage you incurred (sheetrock, trim, floors, insulation, electrical, contents, etc.), you would have coverage for the wind damage you incurred (roof, gutters, blown out windows, etc.). 

Hey @Jim Blumenthal, That's an excellent question but, unfortunately, I don't have a bulletproof reply.

She has experience with excel and quickbooks.

But, excel is totally fine in the beginning (in addition to your PM software to capture transactions outside of the properties).We use QuickBooks Online exclusively for all of our REI Clients.

Hello @Vinay Sanapala,I recommend listening to the excellent comments from: @James Wise, @Drew Sygit, @Jay Hinrichs, and @Mark Cruse.I regularly read people claiming that Section 8 is free money and guaranteed.