It enables you to scan receipts from your phone and it's OCR capability "reads" pertinent information and integrates into Quickbooks eliminating a lot of data entry and paper records.

Thomas S.The fact that he owns the property and has some of the actual expense data, would you still use 30% to analyze future expenses?

Although the how it works section seems really detailed and kind of opened my mind up to what to ask from sellers so I can obtain actual data vs the Pro Forma Data....

There's not much the lenders can do based on my preliminary estimated numbers so until I have the formal pro-forma data from the feasibility analysis, that will have to go on the back burner.

I've got about 25% to put down, the numbers look pretty good (just over 2% rule) just wanted to explore some other optionsThanks !

Ok I have some more data.

So while i dont have a tremendous amount of experience I can approach investors with a binder of historical data demonstrating success in managing townhomes in this area, and that my projected numbers are backed by historical numbers with similar properties.Second is relationships, the stronger the relationship the more comfortable someone will be investing with you.

I get out on my motorcycle often, explore the woods, mountains, ocean and love to snowboard, mt. bike, and race go karts.Any direction down the right path would be appreciated and I hope to be able to share what I am learning along the way and pay it forward. 

Even with the little bit of exploring I have done so far has opened up my mind to some ideas I might look into pursuing. 

I would gather the data for residential sales, pending sales and homes on the market for sale.