Hi All,I'm starting to lay out the groundwork for coming to the SF summit on my end, so I hope to see some of you there!

@Tom Keith Waveapps is free (although it does provide a cheap monthly subscription for additional services) and the interface is more intuitive in my opinion.

In my experience, skips, damage and evictions are much more common with cash based tenants than credit based tenants because cash based tenants have nothing to fear.Another factor with the quads I have seen in Las Vegas concerns the physical layout.

I applaud you on the layout of your post and the fact that you broke down "what you know" and "what you don't know".

The best part is that many of the upgrades we're now considering are not high-dollar, and I'm hopeful that our original $12K budget for the renovation is still in the ballpark.Anyway, in my next post, I'll lay out the Scope of Work for the renovations, along with our budget breakdown...

Really have to look in depth at location, land size, parcel layout, etc.

Sometimes you need to pay heat because it isn't separated and deal with less then ideal layouts or lack of  closets. 

It could technically be rent ready with $2-3k of work, but it would still be low end with faux wood paneling, sagging floors and an awkard layout.

HI Nate,I do the business everyday and invest and I will say that you do "not," need 20% equity to not pay monthly MI however if you do "not," have 20% equity then you may have to get mortgage insurance.It may be counter intuitive but here are two examples:- you take your loan amount or balance due and you divide it by the going value for a comparable sale of your home and you realize there is 10% equity or AKA 90% LTV (loan to value).

Take all advice with a grain of salt and be aware of what your intuition is telling you.