-- Setup your books: there are two kinds of setup:----- Set up a QuickBooks file, with the industry specific chart of accounts, over 100 of reports for your industry - estimating from $300 up (one-time fee)----- Set up your tenants, properties list - variesWhen running a business, you need to account for overhead expenses, that includes bookkeeping, unless you want to learn to be a bookkeeper, controller and CFO all in one. 

It is zoned industrial residential.

I make better income and have much more control over my life than an average 9-5 employee, but further growth is difficult. 

Hence, the restrictions (valid IMO) in place (always paying mortgage insurance) will not be optimal if you make an above-average salary. 

Or you would recommend for a virtual assistant in the whomesale industry??

Hello All,I have been identifying properties in the Richmond area that I might consider purchasing but wanted to see what the average cost of certain critical factors were.

If 3 comps average selling for 80% of the list price you know the likely sales price will be 80% +/- of current list price in the area.

That would be an average 10% annual cash on cash not counting NOI from rent.

All of whom are industry professionals that I would trust to represent me. 

-AustinI suspect on average you will achieve greater wealth accumulation on your VA RE than the higher cash flow properties in Memphis.