This is the way lenders view this and everything about the transaction will be considered this way.

Is there any tool (other than my own spreadsheet) that works well to track the performance of the properties from an investor's point of view, that BP members can recommend?

The old flooring is no longer available, so we are looking at either replacing the flooring in one bedroom with something that doesn't match perfectly , or redoing the flooring in the entire apartment (except the bathroom and kitchen; I already replaced the kitchen floor with a luxury vinyl plank and we have ceramic tile in the bathroom).I would love to get a point of view from other experienced landlords about the possible monthly rent difference and caliber of tenant difference if I had a totally uniform floor in all rooms vs having something different in that one bedroom.

Advertising, screening etc.

I don't think anyone needs to allow tenants to walk all over them, but being fair and seeing their point of view is not only the right thing to do from a human perspective, but is good business because it retains tenants and move/out/make ready for new tenants always costs time and $$$.

This is huge saving over the life of loan vs FHA financing where you stuck with PMI 2) Offer is viewed as stronger by sellers.

That could just be my young and optimistic view of the world though, haha! 

I view it as a win for me as i can make some money off the deal while still saving him money by not going the normal MLS route.

I am looking for information re screening applicants as it applies to the Fair Credit Reporting Act. 

View report*This link comes directly from our calculators, based on information input by the member who posted.A REIA associate wants to sell me this property.