Purchase price + rehab) financed at 5% on a 10 year amortization, plus annual Taxes and Insurance, must equal $250/mo positive. example: Purchase $25,000, Rehab $5000 = $30,000 (AVR $65-$85K) 10 years @5%=$318/mo  Taxes and insurance will be about $2000/yr divided by 12= $167/mo + the $318= $485, so for this example i have to get $735/mo to fit my system. and yes I am doing this.

While we do have our office in south Sarasota county, our agents have traditionally worked out of their home offices, as our system is setup with cloud computing, and a VOIP office line (you get an office number, without ever having to be in the office!). 

There's a lot to learn...where to find NODs, how to search your county records, how long it takes to foreclose and how much time you have to contact your potential sellers, how to approach lenders if you need to (get a specific POA from the owner), what happens if the seller decides to declare bankruptcy, what to put on your contract, how to get and record the deed, if there is a second can you work a short, can you work the BPO, etc.  

We switched to a RUBS system and it worked fine.

I've been meaning to set up a tracking system using MS Outlook.

For example, if the sewer system backs up are you going to tear out contaminated materials or will you want to try to clean them and "save money" (not recommended).

The house seems at least 60 years old and would soon need a new HVAC system.

I wanted to know if anyone out here started with this program or if you have anything positive or negative feedback/things to say about this system.

I'm sure you have a lot to choose from in Ra-cha-cha.

If you're using an online rent payment system (like erentpayment), typically the tenant takes care of setting up their account.