Everyone hs said a lot of good stuff already but from an investor perspective my realtor is great because he also does flips and rehabs so when we look at a place he can accurately estimate the construction costs ans ARV.

Based on my pro forma and estimates, this is a pretty accurate rate of return that I expect the property to deliver. 

If your expenses are accurate (double & triple check) this means the property should cash flow such that you can hold onto it for the longterm (this is good!).

Looking at the second page, you get a more accurate description of the cash flow. $600 post refinance, so $150 per door. 

I was doing some research and I've come across something that states if you're an out of state investor you have to hire a property management company.is this accurate?

If there was a contest to calculate the ARV on a property most accurately (selling for retail) out of a group of investors and the prize was $1 million cash... how would ensure you would win the contest? 

To the best of my knowledge the budget is fairly accurate, but I definitely was learning to get my feet wet with real estate at the time, and now I keep much better records!

Some of these loans are short term from 1 day (transactional funding); so it is not worth while to report and update the status as closed.You can shop around with different lenders and get may be 3 quotes; to see who works best for you; overall. this is not a accurate statement you cannot just pick and choose who you report to fico.. 

Lenders also have the ability to buy down rates and offer credits...so, you may have a losing battle getting accurate here assuming a blanket condition.Closing costs vary by property and location...as well as terms of the contract...that said, in the Midwest we typically average around 2% of the transaction priceInspections vary across property type...mainly the size...so a high-end inspector may charge $800 for an SFR, while a hungry new inspector may charge $400...and when you are moving to multifamily or or more complicated property things change...I'm typically paying around $250-$300/unit...but that's all multifamily.

@Iryna Duda a year old appraisal may not be accurate today.Your lender will do another appraisal when you apply for a loan.Are you using an agent?