Again, keep in mind the exit cap rate is a projection of what the asset expects to sell in 5 years (or whatever the hold period is) and nobody can predict the future.Solution: Ask the sponsor how they concluded their exit cap rate and where they are getting their data from.

@Dan TurkelThe correct way to do it.You record an 'adjusting journal entry' for your PM transactions that indicate what the PM mentions in their monthly PM Report.The net amount owed to you is either ' Due from PM' or 'Due to PM'.When you receive the payment from your PM, it updates the Due to / Due From account.Example - A monthly PM company reporting $1000 of rental income and $100 of PM FeesDue from PM - $900PM Fee - $100               Rental Income               $1000Cash           900               Due From PM                  $900Difficult for most non-accountants to understand.best of luck

Instead, ViaSat seems one (or perhaps the only) satellite internet provider and from what I can tell, they have serious data cap rates on their high-speed data (even with their platinum plan)Does anyone have experience with ViaSat (or alternatives) and can provide insight on how viable this is for STR properties (we fortunately plan on cable TV with DIRECTV via AT&T)?

Does anyone have suggestions on how to download sales data in a specific region with buyer and seller agents attached to each listing?

But at the same time there aren't many active comparable rental properties nearby, which makes determining the market rent of a property difficult.I found that using rental listings that are inactive but were recently active provides me with a lot more data for determining market rent.To do this I go to the Zillow rent estimator tool and enter my property's address as well as a (very) rough estimate of the rent.

AG,The coverage you mention "Personal Injury Protection" (or similar name) is an additional coverage which extends the Liability under a Homeowners or Dwelling Fire policy to include coverage for Libel, Slander, wrongful entry, etc. 

It's knowing where to look and having someone work with you that knows what the hell they're doing that will help you cut through the big data and make sense of under-valued acquisitions, of which, there are plenty. 

You'll have to work w/ a realtor for access to this data.  

Mgmt/Real Estate companies local to the area that specialize in investment properties - Rent to Avg Price ratio seems to be in our favor for many of the properties we've seen listed.Cons:- Relatively high taxes- POS Requirements (I've seen properties with dozens of listed "POS" items that need to be fixed)- Water bill is typically paid by landlord (although I've seen some on here talk about PM companies passing that bill to the tenants lately)Given our criteria, is there anyone here that would recommend we scrap Cleveland as our entry point for RE Investing?

Change the keywords around, look for different size lots, BRs, BAs, features Etc....sometimes different places will popup if you search like this....When you find a place, go search on a competitors search engine, you will often find more pictures, a different description, better historical data, etc..