Now that scenario may not be real likely but do you want to chance it?

My numbers are rough estimates so I'm not sure if this is actually the case.

-- Setup your books: there are two kinds of setup:----- Set up a QuickBooks file, with the industry specific chart of accounts, over 100 of reports for your industry - estimating from $300 up (one-time fee)----- Set up your tenants, properties list - variesWhen running a business, you need to account for overhead expenses, that includes bookkeeping, unless you want to learn to be a bookkeeper, controller and CFO all in one. 

Actually, I used to be an assistant cost estimator for construction projects.

I hung 45 door hangers before deciding it took triple the time I estimated and made the similar cost of mailed postcards with none of the time much more appealing for an initial contact. 

I hope to meter this expense out to tenants but in case that is not an option, a rough estimate would help in running my numbers.I've been googling around and found the following approximations and wanted to see if they are consistent with what you all are seeing:-cost of insurance in VA to be ~$80 (I'm assuming this is for SFH)-vacancy about 5%, conservatively ~8%These are the factors I am not sure of in my calculations.

I suggest asking the bank for a estimate pre approval without them pulling your credit so the credit pull doesn't hurt your credit score.

Price, renovations, ARV, taxes, estimated utilities, prospective rents, etc.  

-I've attached a screen shot of the estimated appreciation of the property.

In general good candidates will have the following: 5 or more years residential construction experience their own subcontractors already in place, so they must be within about 25 mikes of the assigned zip code their ability to estimate a job is essential so they will have to have direct experience doing so as well as solid knowledge in estimation software they should know excel and other basic computer skills, its definitely preferred but if not we can get them an online courseThank you