Please just let me know when a good time would be.Here are some excellent threads where many investors that have worked with us have posted about their experience:https://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemasterhttps://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-reviewhttps://www.biggerpockets.com/users/ZacharyCole/references

It is an excellent strategy when you don't have a lot of operating capital, however, the trade off is your own personal comfort.

Excellent advice, thanks Jay!  

Also if you decide to convert the property to a long-term rental the improvements may be added to your capital basis & depreciated over time.Track Expenses by Account - Helpful for reconciling bank accounts, credit card accounts & expense reimbursements#2 Liabilities / Outstanding Loan BalancesIf you are using outside funding, you will also want to keep track of your outstanding loan balances that you owe for each property.You can do all of this in an Excel spreadsheet by just creating columns for Category, Vendor, & Accounts.

I'm still using Excel for my 4 properties.

I have been using AirDNA and find the data and usability to be excellent.

Laura,That's an excellent explanation. 

Yes, believe it or not a lot of house flippers that do lots of volume still use Excel spreadsheets or Google Sheets as well!

Excellent quality appliances 2-3 years old often sell for a couple of hundred.

The best way underwrite the deal is using an excel IRR template that will have all of the expenses for operations and value add arrayed out on a month by month basis.