Find some investor that would like to buy into the properties after you give them pro forma and actual accounting.

You'll get garbage pro-formas but once you dig in you'll see they are pipe dreams.

Be honest with yourself too.There are markets that a pro forma will NEVER work.  

Create a pro forma using excel or borrow someone else's cashflow analysis. 

Or when businesses post their commercial units and base price off pro forma or other strategies for renting (I am having experience with this currently if you can't tell, haha)

This is the only reason I will not form an LLC - the loans are in my personal name and I am a single-entity LLC, so I would be violating my mortgage contracts to form a single-entity LLC that holds up more poorly to lawsuits.

A lot of new investors see the bargain basement prices on low-end props and what the pro forma returns can be and get all wrapped up in the projections, but real-world returns on low-end props are almost never what they are on paper.

When Memphis Invest sent me their pro forma, I just took a couple key numbers from it and inserted them into my own spreadsheet.

As a DC landlord and property owner, I have grown tired of the constant burden of red tape in the district which unfairly benefits those who know how to play the system.I had the thought of joining up with other owners to see if we can form a group to petition the district to make the judgement and eviction process fair for us.Anyone interested??

Its also annoying that the prof forma has widely optimistic rents and downplays expenses such as cost for tenant lease up and vacancy.