@Mike DymskiThanks Mike, I’ll try out the BP calculated, I had not realized one was available.I’ve been using excel and running spreads but I’m honestly a bit messy when it comes to this.

First realize it’s turnkey.

Take a look at one small thing: you introduced yourself as a Realtor and investor; I swapped that order.12 months ago I realized I wanted to make investing my primary business - so I started with my language.

Going to REIA meetings helps a lot, because you realize you are not the only guy with a crazy idea out there. 

After analyzing many many deals, I realized that the 3 bed 2 bath combo in our area was the best purchase price/rental income combo.I put my attorney research skills to work by doing some digging online and in the public records and found out that the owners of the property were the children of a couple that recently passed away. 

I started to work on deal analysis and realized that I do not have an accurate list of expenses that are normal for North Carolina.

If along with your budget, you kind of map worst case scenario (what can I get in a quick sale for the investment house) you'll realize that the risk is probably way smaller than you think and it will become more comfortable. 

Didnt realize I was going to get so many messages.

And, since this income was "realized" in 2019, I am including the $6K from this exit as cash flow for 2019.Interested in the perspective of both LPs and GPs in syndications.

You must realize land lording is a business.