For instance I am in process right now in Portlandia  tough competitive market.. bought house right off of MLS system for 400k during the escrow period we were able to confirm 2 new lots  25X 100 each on each side of the existing home.. had to knock down a fence.. but by the time I closed i had the house which need about 5 to 7k in fluff and buff and 2 lots.

I've heard several acronyms used for it but most commonly Ratio Utility Billing System.  

Now, more than ten years later, most of that glut has worked its way through the system.

My Honey fixed and or redesigned almost every system here.

My Honey fixed and or redesigned almost every system here.

I’d guess that most expense would be making it look better and setting up new management systems.

Unique situation, property in Indiana 46226 zip, valued around 60k.

I have read all of the Keller Inc books and believe in the models and systems.

Accounting system of some sort (Quickbooks), and then your biggest challenge will just be marketing and getting customers. 

@Kelly Rogers  When you file is ready in the system with your lender they can run the file in so many ways to give you advise which debts you can pay so you have right DTI for loan.