Some relatively simple formulas can make it almost automatic and will suit your needs.If you want to get additional features support, my personal favorite cloud based accounting platform is Xero, but also Quickbooks is extremely popular with lots of customization options.Let me know if you have any other questions.

@Brian Erlich -Very few (if any) excellent contractors are going to be willing to let the customer buy materials themselves.

Ultimately , I leaned more towards the multifamily and notes discussions, however there were many more great topics to choose from such as syndication, increasing cash flow, and even big profits with tiny houses.

The bank underwriter just needs to be able to justify such a huge increase in the purchase/sale price.

It is to encourage investors who have the cash to flip and increase the value of these neighborhoods.

This actually increases your risk, not decreases it.

Only the most desperate renters would probably agree to live there so the price of the property would have to be dirt cheap and cost you as little money as possible in the rehab to make it worth the effort.Your gambling that the surrounding area will be gentrified in the next few years and increase the property values.If this was in Southern California I would say yes absolutely but,the ATL may be a little harder to wait for unless the population booms there in the next 5 years.

Most of my long time HVAC customers either do electrical and plumbing or some combination of the trades.

My long term real estate goal is to purchase rental properties that cash flow and create passive income that I can use to roll back into my investments and increase my portfolio. 

It seems to me like an easy 3% ish percent equity gain or a way to reduce the loan a little and increase cash flow a bit for almost nothing, that's my thought any way.