[[If you want to do more DIY, BRRRR style investing you'll need to put in a lot more ongoing legwork, but you will ideally be able to force appreciation and get more equity more quickly.

They seem to be asking $1,000+ to BUY IN Has ANYONE tried using it to see if it has produced results for them in the following areas:1) Ease of use & interface- reasonable learning curve2) Accuracy of the Data (Property owners Phone #s, Email addresses, Social Media contact info, etc.)3) Any hidden ongoing costs?

The downside is the manager is an ongoing cost and a fence/gate is a one time cost. 

.- I saved the breakdown as a PDF because I don't have PRO but I don't think I can attach so here are the numbersMonthly Income: $4,400Monthly Expenses $3,758.86Monthly Cash Flow: $741.14Pro Forma Cap: 8.61%Total Cash Needed: 21kOur monthly vacancy, capex, repair reserve: $675 Overall I think when I ran the BP numbers, I underestimated home insurance because 3 families are more expensive.

This can be prepared in an Excel spreadsheet and maintained/updated on an ongoing basis.Please let me know if this helps or if you have any more questions.

I plan on going, so if u want to meet up and go we can.

Also if this isn't an ongoing search and you just want to purchase a single property and see how it goes it is tough to find something off market cost effectively because most people who do off market are spending on advertising, and many of the wholesalers don't offer the A class neighborhoods in turnkey condition that I think you've been looking at. 

If you had asked me this question about an Ohio property, I would probably tell you to eat the cost of the $400 because you'll have a very difficult time proving that the tenant caused the damage without the ongoing help of the current owners and the current owners are unlikely to be helpful once this transaction closes. 

Can they happen, sure, but I dont want to see them on an ongoing basis.

On MLS and full price is not a deal -- you need to make money on the deal at the onset and ongoing.