They are normal double-entry based systems that support conventional accounting features (GL, etc.) and yet maintain a simple interface.

I often use the Google map feature to get an idea of nearby rentals.

Look at expired listings.Your MLS may have a history feature, check the year and search for sales and expired listings.For past sales, use the property description and search for deed conveyances at the recorder's office.

And where can I find the information I need (# of bedrooms, interior features, square feet, etc. basically all the information that you would usually find on MLS.)

Using the search feature to pin point what you're looking for has greatly helped me out - hope it does the same for you.

On the otherhand, if your market is dominated by $500K homes, then $50K may not be such a lofty goal.

The numbers are there (house is a REO languishing around $120k with an arv of $200k, up toward $230k if done w/ higher end finishes).It needs some basics (roof, whole kitchen will need to be redone) but most of the place retains some great features and should be a standout in the neighborhood when finished.

I was going to start one of these, but instead used the power of the SEARCH feature =)Anyone else want to share?

We've made some pretty important changes/improvements to the forums and have some great new features coming to the rest of the site.That said, I'm looking for your help once again as we begin to plan the next upgrade to the BiggerPockets Real Estate Blogging Network.For those of you who haven't tried your hand at blogging, the BP blog network is a fantastic place to get going.

I also Like that I dont have to write up contracts and can fax or email it.There's alot of other features cool like the comps, cash buyers, webforms, autoresponders, and websites.But like you said, if your not putting the work in.