To paraphrase this idea - your outsourced accounting partner should by performing the work and proactively providing solutions, as opposed to giving you items to research.

I dont think your pro forma is accurate.  

They are liveable, but new flooring, trim and paint would help spruce things up.For my analysis, I used some of the sellers pro forma info (as I have not fully accurately looked into items such as insurance, prop taxes, utilities, ect.) and used what I believe my numbers and annual income from rent/storage would be.

@Rich Somers I typically have an electrician and HVAC specialist perform additional inspections.

While I’m confident in its cause, I’m having an air quality test performed next week just as a CYA.This being said, I’ve become concerned.

-Not communicating with investors effectively- How the unit is performing, what it needs to get it to perform better.

@Bob B.Hi Bob,I would purchase & self-perform the simple roof installation. ~$3000.

Even those who lost their homes through foreclosure or short sales still needed a place to live and desired to stay in the same general areas so they became renters.It is important to consider how the industry/business sectors which employ your target tenant pool are likely to perform during a downturn.

@James McHughZillow can't accurately tell you what any property is worth now, so I highly doubt that any of their five year predictions will hold.

I think that statement accurately portrays the thought process of some investment sponsors and underscores why sponsor selection is so important.