Although the steps are fairly straightforward it appears as though it is fairly easy to miscalculate rehab costs if you don't know what to look for or what the industry standards are for materials and labor.

The issue we stand against, is joining the industry under the wrong pretense and with ill-advised expectations.

Not so much injuries happen to celebrities, but longevity in the entertainment industry becomes an issue. 

You need to find an expert in that specific software and who knows you industry and get your books analysed every month or quarter, THEN you take the same to the accountant.I would like to hear from others for questions to ask your CPA as well.Gita Faust - Certified QuickBooks Consulant since 2009

You want a job market that is growing and not dependent on industries like manufacturing.

Just my thoughts on it - I have been in the mortgage industry for almost 20 years.  

In this industry, while you don't have all you need, you gotta work with what you have.

Do not be misguiding by other investors that say "why pay a commission"Your paying for an expert no matter how much you think you know we're apart of a regulated industry and a lot of information is available to us not you.

I think there is more of a process for this in places with a mature vacation rental industry (Yosemite, Tahoe, etc.)  

Over the years, I have been working part time managing a small volume of single family properties and decided to focus on this business full time.Since I really can't afford to go an extended period of time without income as I ramp up my business, I am considering investing in a franchise where I can utilize proven methods that can support a business that can scale up in volume.I would love to build some relationships in the industry and network locally in Atlanta as well.I welcome any feedback on my plan mentioned above, the value you place on outsourcing this service, guidance on growing the business and anything else relevant to property management.Wow.