So if there's less than 80% (and you're going to want some margin for appraisal error too) then you shouldn't do a sub2.

@Scott Palmer I do recommend Quickbooks, but since it’s your first time, in order to avoid costly errors, you should consult a CPA.

Depreciation allows for the biggest ongoing advantage from a tax basis.During sale events always be aware of the ability to 1031, which essentially lets you defer your capital gains til your 'endpoint' - and do like kind trades with no tax events.There are numerous experts on those vehicles active on these forums.

There are tons of errors on automated reports due to how many errors are in the databases where the data is pulled from.The fact you're running a background report will already separate you from many landlords doing their due diligence but if you want to find a good partner go with a service that has a turnaround time because reports are being manually compiled. 

It also carried insurance coverage for common areas and pools and hot tubs which covered injury, accidental death, errors and omissions. 

When I am on the buy side...there has been numerous times my client gets the property even though we are not the highest offer because A) Im bringing buyers to the table who are not scared off by the inspection both because I prep them for the realities of it or they are investors who are not doing the inspection, and B) because I work with great lenders who close, close without issue, and close on time or early. 

I tried to pull up the photos, but I get an error code. 

Numerous times, I have followed properties through this cycle.

Part of me feels like id be overpaying, but this is final price after numerous counter offers.

I was hoping that someone would be able to point out any errors, or let me know if I'm just wildly off the mark on how an analysis goes.