Let them help you with comparables, recommendations for the types of rentals that do best in that area, and maybe even connect you with a local contractor who will be able to get you an accurate (ish) estimate on required repairs. 

You can save money and be able to check off certain items related to management with software, but how accurate are they?

If you are comfortable, have the experience, and have accurately run the numbers, I'd say this could be a solid deal. 

Some of the help offered here is accurate and some of the help offered is a bit offFor most cash out refinance loans on investment properties the Max leverage offered is 75% LTV (You may find 80% but that really isn't industry standard) Which at a 250k "As is" value your max loan amount would be $187,500.00 If you purchased the property for 165k and renovated it for 30k you are all in for 195k Since I am assuming the property is owned free and clear the $187,500 (minus closing costs let's call it 5% of the loan amount) can be used to pay down your debt.

For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.

Jay's comment at the start of this thread is the most succinct and accurate assessment of D class properties you can make: 80-90% of investors will fail.I bought, self-managed, and leased out dozens of D-class doors in Hartford, CT for 4 years after the peak of the last real estate crash (2008ish) while working a full time job.

You gambled your investment capital on an internet investment-promoter.

Having a system tailored to real estate investing and doing everything I would want a bookkeeping system to do has made the financial information I have much more accurate and timely.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Either way, for THREE units, $1,231.20 seems far too low to accurately reflect your annual repair and maintenance expenses.3.