QuickBooksQuickBooks can be a good option for tracking the financial aspects of your deals, such as downpayment, funding sources, mortgage details, and cash flow.Pros:Widely used, with robust reporting features.Can track both income and expenses, making it easier to manage the financial health of your properties.Offers integrations with banks and lending institutions for easier transaction tracking.Cons:There might be a learning curve if you're not familiar with accounting software.May require customization or additional apps to track all the specific real estate details you mentioned.3.

I'm clean, so I don't want to have to pay for that expense, which does get passed through.

(BTW, I have excellent creditworthiness). 2) Tax confusion: The interest expense might be tax deductible.

Water in this market is very expensive.  

It would be cool if people familiar with those markets to confirm whether it is what it seems. 3) Since this is based on median rent and purchase price data, I would not use this to indicate where not to invest, rather where you will get the most for your money and potentially show you something you don't already know.

Mobile homes can be more difficult to do a reno also JUST as expensive for a 1996 home.

Housing in the NYC area is obviously more expensive and will likely require a larger down payment.Thanks

Hey Diran, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

Your adjusted returns would be higher because you're saving $700/month on your housing expense.

Make sure you verify all correct numbers for whatever deals you are putting together (arv, projected rents, and projected expenses).