Would it be accurate to say that in this scenario, you would be forced to legalize the unit and forced to evict the tenant from the unwarranted unit?

Perhaps paraphrasing this to say that he said people should inject bleach as a cure is slightly unfair, but I wouldn't call it a lie because the underlying point is accurate: he was suggesting that injecting bleach was a cure and bragging about how smart he is because he came up with the idea, and it's obviously all crazy talk.

To avoid tax fraud, keep accurate records of your rent and spending.

It's just not accurate.

My current formula is very shaky, and I want to present accurate numbers.

@Joel RiveraRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Right now, you are just trying to trim stuff down to make it easier for you, but you don't even know what you are looking at and any app that can cull data does so based on the listing data which is not guaranteed to be accurate.

This reduces errors and ensures that your financial data is accurate and up-to-date.4.

in my experience, if its a "average sized home" i take that as a 3/2 or 4/3, 4/4 etc that number of 30k is very close. 20k low end, 30k high and of course you can get stupid beyond that.cant comment on the financial return as to much missing info as others have said but if it rings true of 1k per month, potential 3 year return is accurate 

Key data points like occupancy rates, ADR trends, and regulatory risks are crucial for investors, and offering a breakdown of operational costs would aid in calculating net income more accurately.