The home is fine, but I've found some water damage in the garage wall (where an ice dam backed up) and would like to replace the drywall and ensure there is no mold present.

Hi everyoneFirst time using the BP calc , so perhaps I am just not understanding BP method or I am miscalculating , however ....I input a home's data sets with all associated costs and the complete loan amounts, points, fees etc.When the results came back , The ROI was based on the total project costs.. i.e.

we made far more money on the later .but enjoyed building that monster investor data base.. 

Operating Agmts etc would also be fleshed out to ensure everyone is secured.I know terms are all negotiable, but I'm looking for feedback on the 50/50 split and whether that seems reasonable / consistent with other deals you all have done?

@Christopher CourterIf the properties are 4 units or less, don't worry about the operating data. 

On our own projects, we always make our own assessments of rental rates, and there are numerous resources for this data once you know where to look.You need to determine the business plan, i.e. duplexes vs. larger project, then have an architect layout the design on your chosen path, then run a set of number (proforma) to determine feasibility.

Then call and ask them pertinent questions to ensure they are still great. 

Greetings BP'ers,Can you name some of the most cost effective strategies you employ to ensure forced appreciation on your properties?

I will share my data soon,  I hope my numbers are not too low,  and crappy,   I am looking for decent numbers, what is that number, I have no clue.     

Whenever you are buying a property out of state you should do a few things to ensure it's as smooth as possible.