I'm guessing this has been covered somewhere, but alas, there does not appear to be a search function on the mobile app, so I can't find it!

Dear Kevin,Thanks so much for posting this functional excel table.I understand that you not include operating expenses in the calculation of Cash outlay, but have little trouble to understand excluding tenant acquisition expense, could you explain?

Raymond B.Hi Raymond, thank's for the tip, it works fine on my laptop, (like right now), but had a challenge getting the @ function to work from my iPad, I'll keep playing with it.

We do use Tenant Verification Service (tenantverification.com) as one of our credit check services (they function in both the USA and Canada).

Dion DePaoli,You explained that perfectly.As an accountant, my take is that people do not properly visualize what will happen and how everything will look.

Can't help with the mentor, but there are some threads about how to find a mentor here on BP, use the search function, you'll get some good info. :)

IMHO, a visual inspection and air testing by a professional to confirm that there are no problems (i.e. airborne mold, damaged materials were replaced) is your best option here.Good luck!

I have been landlording as long as you and I would provide the following counter to your points:- Much of your repair expense will be a function of your house which predicates the tenants you have.

It is the function of solicitation to those types of investors which enables the registration for exemption.

I have created functional multi-family housing in Hawaii by compliance with local laws which allow smaller "Ohana" units to be created within a single family dwelling, so long as there is only one Stove/range in the home and there are not more than 5 unrelated occupants in the dwelling.