Neighborhoods are different from one to another, pictures are different on the internet compared to seeing the property in person and numbers on paper are going to be different from what you can physically evaluate.Once you know the market, have a real estate agent that you trust and a property manager that has good recommendations and that you trust it is much easier to purchase sight unseen.Have a few property managers go look at the property and have them provide feedback. 

Those little things like internet setup, extra furniture, blinds, etc. add up quick.

It’s an off market property at the moment but I feel like once anything is posted on the internet it will always be traceable.

I found it at the internet but I arrived to negotiate just 4k which I had to pay on taxes anyway.

Pull the tax records for annual taxes, get a quote on insurance, assume numbers for utilities (internet, water, electric, trash, etc), estimate repair costs, VRBO annual fee is $500, and add in mortgage costs as well.

It's so easy to be overwhelmed and misinformed by what you see on the internet. 

The downside is the cost of internet at $20/month per location.

Don't forget about taxes and insurance, utilities, cable, and internet, and the big one everyone forgets: capital costs.

Here are few pros & cons for each version if you are leaning towards QB:OnlinePros: Accessible anytime, anywhere with internet and also has a mobile app.

I know this is an older thread, but since it’s been revitalized....I will expand on what @Ned Carey states above.Texas was the first state to place ominous restrictions on land contracts, and servere penalties for violations.