We recently closed our joint bank account that the property manager sent ach transfers for rental income to.

I am very data oriented, but also very busy in my day job, i feel that spending a few hundred dollars on a property to help develop a good number or show a bad deal early on then being stuck loosing thousands at the end of a deal. 

Does anyone have data that would possibly back up disprove my personal experience with my investors? 

Once you have the data reconciled, you can run financial statements that are useful to lenders, investors, and will help you manage overall business performance.

The deadbeats will leave because they know a rent increase is coming soon, and the existing tenants will be begging for renovations to their units.We usually will allow a tenant to move into a newly renovated unit, at the new rental rate, and transfer their deposit, if they didn't have a deposit, we would require one before allowing them to move.This frees up another unit to renovate.

ALL future business analysis is based off assumptions (including budgets, etc) The data it produces is valid.

Here's what I got:Sale price: $217kPurchase ($153k)HML interest ($1k)Rehab ($21k)Holding costs ($3500)Net profit: $38,500 That's also assuming you had no closing costs and no agent commissions when you sold, though I'm assuming you probably had $2-4k in title transfer tax, title insurance, etc. plus likely a 3% commission to the buyer's agent which would be another $6500.

There are a lot of options, but I wouldn't know where to begin without knowing all the financial data and location of a specific deal.Also, if the seller is "motivated", why and how do you know they are motivated?

(Zillow Data) Things definitely heating up. 100% appreciation in boston in about 6 years.

If I were to make the home a land transfer contract, does this still apply?