I use this one from zillow, and have one spreadsheet per property, if you put multiple properties on it, it will mix some expenses. 

But you should look into the 203k FHA loans, they have very low down payments, (as low as 3.5 percent). explore this option, for a multi family unit. defiantly better than renting

In total our grass income per-month is $2,555We also have 18k in debt.

The CAR forms are pretty good, but are based on CA laws and you'll want to be sure to have a contract per OH laws. 

I am sorry if I wasn't clear so here is the summary again:Property purchase price when I bought 2 years ago : $374kProperty price now as per MLS comp : $435KLoan amount 2 years ago : $355,300 ( approx)My current loan amount : $340K My monthly payments including PMI : $2,300PMI = $214I have been current on my payments so far.

I am getting this deal at 57k per door instead of 100k per door. 

Hello BP, looking for some perspective/opinion on which route to take with $50K cash with the goal of long term buy and hold: Pay cash for a BRRR - $50K Purchase (finance) two $100K properties - $50K down payment (in total)For simplicity, assume my numbers/deal are spot on and the cash flow in both scenarios is the same.Pros of 1 BRR – Left out the R for repeat...as I would hold on to the property - No loan, one property (with same cash flow) – slightly less maintenance as only one set of mechanicalsPros of 2 financed properties – Leverage, mortgage paydown by tenant, more potential appreciation (2 vs 1 property)Cons of 1 BRRR – less rehabbed (just rent ready) vs 2 financed TURNKEY propertiesCons of 2 financed properties – lower cash flow per door, paying additional (taxes, insurance)thoughts?  

They’re losing more and more rights every year.If they plan to use the property less than 2 weeks per year there are condo-tels. 

Unbelievable you found a  MHIC licensed contractor to work for 10% profit margins, after expenses he made a 7.5 percent profit margin?

I would guess at least once per rental.