So I appreciate the constructive criticism.

To answer the other question I sourced the deal via web marketing.

You need to know all the options available to you: you can keep it as your source of monthly cash flow, or you can swap it for another property (known as a “1031 exchange”).

@Ijeoma P. working multiple brokers is tough...sure, the first call probably went well, but this is a relationship business...I've sourced 7-deals this month and none of them went to folks that were running the broker circuit.

What is the source of this data? 

In either case, the remedy to market knowledge is talking to more investors and RE professionals (PMs, agents, even contractors can be a great source of info) in your market as well as reading whatever information you can on the areas.

It is better if you use Excel to send a report for the entire year so your accountant can import your records into his software.As for rental applications and other forms, it is very critical that you get book about rental laws for your area and spend many hours reading the books and read as much as you can on the internet because you will constantly learn things you did not learn about.

Hi Ryan, my start-up, Awning, uses AI and big data to help buyers source investment properties.

You'll need his input for rehab expenses anyway, and since this is a rental your personal preferences for features in a home really aren't that critical.

Can you share where your next source of capital is coming from that you already have the funds to purchase the next one?