One of my wholesalers does this and then sends me in to evaluate the property.

For instance I just evaluated a triplex this morning which each 2bed/1bath rents for $2150, 3x the rent, and a 700 credit score, with no pets, employed in the same industry for 24 months, limits your pool to people who you probably aren't going to have these problems for.  

Attempting to evaluate a possible purchase has nothing to do with your accounting.  

So if market rent is $100 higher, increase rent $50.The main thing is to make forward progress and to feel good about it.  

First establish a solid ARV/Market Value for to property you are evaluating.  

After walking the property, i evaluated 20-25k in updates and repairs. lets go with 25k.

I just found out about the 3 month policy today and I'm leaning towards going with that and re-evaluating after roof and electric have been fixed.

But I would still call it a work in progress. 

I still have a partial subdivision of lots in a gated community and am trying to get an updated evaluation.

I am evaluating online rent payment options such as eRentPayment.com and rentpayment.comDoes anyone on here have any experience and recommendations for the best product.  16 units total.