Im assuming that is what would catch any errors in owner distributions, deposits, profit/loss? 

Have you reached out to any social service organizations that might be able to provide tenants to your property?

I like that it’s an all-in-one platform for tenant applications, rent collection, and maintenance requests, which helps keep everything organized.

.: I am trying to learn and understand... someone told me that its not just size of the home or level of the flip that determines profit, and that in some markets, what is considered a typical profit is 300k based on the 70% ARV formula.

And are the deals profitable?

Gross Margin is an important calculation for developers/builders.Gross Margin = Gross Profit / RevenueWe shoot for a 20% gross margin on our New Construction HomesReal #’s:Home Sales Price: $374KClosing Cost: $18,700Cost of Construction: $258KLand Cost: $30KGross Profit = $67K$67K/$374K = 17.9% Gross MarginCame slightly short of our goal of 20%Homes Values and Build Costs are constantly fluctuatingI wish we had a crystal ball

I mean, he probably wouldn't describe it that way, but that's what he was doing.It takes time to grow organically, and it is frustrating and painful at times.

But on this specific guy, I jumped on a call to explore the program and it was a high pressure sales call, it did not feel organic, not trustworthy and certainly did not feel the right fit.Why would someone spend 10k on a so niched-down space of real estate when they can get someone for the same amount to teach him/her everything?  

for got to mention you can always go to your local state "secretary of state" website and search registered company details by registered agent( eg: Anderson Registered Agents), many states gives access to "articles of organization"  to get few examples :-)https://esos.nv.gov/EntitySear...https://bsd.sos.mo.gov/search Originally posted by @Tim Silvers:Originally posted by @Sam P.

Right now, we only have a couple of rental properties; they were turnkey investments that my business partner had before I joined him.A bit of advice that might seem obvious but often gets overlooked: stay very organized.