I started doing a little research and saw that Doorloop was a highly rated app, and has a ton of features like tenants ability to submit work orders for issues, collect rent with late payments automatically figured in upon payment, talk back and forth with your tenants, send out messages/notices to one or all tenants at once, sync with quickbooks, etc.

However, you need to really investigate to confirm that the property and tenants are performing as expected.Your offer to purchase should include a requirement that the Seller provide all documentation and agree to sign an estoppel certificate (also called an estoppel form or agreement).

The slab and walls in reality likely add no value to the property.

How did you add value to the deal?

At around $4m in value today.

I previously used Proper but switched due to their high rates, lack of portfolio coverage, and demanding annual underwriting review processes.

There are the low to $0 compensation up front gigs like being an agent that have high income potential down the road vs. the immediate pay off gig like a job paying $16/hour.

., and Anderson Ave.Assuming your unit's value is consistent with the average unit sale, you'd have a roughly $90,000 gross profit. 

In addition to organized bookkeeping, Buildium provided other benefits that accounting only softwares do not, such as lease renewals with esignatures, maintenance requests, a tenant portal for rent collection, 1099 preparation for vendors. 

. $1m does seem high but if you two can do it then go for it.