They projected revenue would be at XXXXX for the month and expenses would be YYYYYY.  

You may also be better off looking in some less expensive markets in ME like Augusta or L/A for these types of deals since your downpayment will stretch a little farther.

I can pre-authorize an amount and if the expense is below that, the vendor can do the repairs without talking to me live4) Urgent maintenance issues - say a pipe breaks, or tenant is locked out.

We sold the units for more than we paid years after we made the purchase.

I have done deals with my parents where they have provided the funding and I have just paid back the loan.

Quote from @Kelly Farmer: My experience:Bought: March 2021, $64,900Sold: April 2024, $48,500 - $5,000 (agent fees/closing fees/etc) = $43,500Rental income (rents - expenses): $5,600Average annual returns: 2.9% (approximate)Net loss at sale: $15,800Positives:1.

You can have an attorney draw up some kind of partnership agreement, but that also cuts your ROI and increases your expenses potentially for tax advise. 

However, with tracking of rents and occupancy, I can at least ballpark pricing of a property in markets that I know. is that a paid for subscription ??

But as soon as their is a sale of the property - that differential goes away and the property appraiser is free to tax it at it's "just value" - which is usually some percentage below what you paid for it... like 15-20% less than what you paid.  

I would like to know if  there is a way that I could sell the house before it is completly paid off.