Pair quality work with quality and personal customer experience and you have a recipe for success.

If I buy this property at $75K, put 20% down with a conventional 30 yr, and achieve $1k/mo in rent (which is what comps for this type of property)... the following #s is what I see at a high level:- Principal & Interest: $293/mo-Tax : $150/mo-Insurance (est): $50/moTotal PITI: $493Est Expenses (50% Rule): $500-----------------------------------------Total Expense + PITI = $993/moIncome ($1k rent w/ 9% Vacancy Loss): $910/moCashflow in this scenario is negative.. with 1.3%  rent/price ratio.Even with a sales price of something like $55K (1.8% rent/price ratio), this doesn't cash flow.Now with the same above scenario, using est 30% expense assumption cashflows $180/mo.Am I being too conservative on expenses for a ~1,200 sq ft. brick bungalow ?

Also involved in a personal residence you would make different choices on how much to invest into things like fixtures, flooring, paint color/quality etc etc etc vs what you would choose for a rental which most often are less expensive materials and really not custom in any manner shape or form, so your "home" for a couple years might have all kinds of more expensive inputs and then end up as a rental unit later which may or may not be a good use of money after all.

Maybe I'm wrong on that assumption , so feel free to correct me if I am.When you say that you recommend offering a rent-ready or turn key property to an investor on BP, are you referring to selling it outright?  

My first assumption remains the same.When I make mistakes and I do being human, I admit them, this is not necessarily one of them, I understand your point (and perhaps your motivation) but without more information by the OP, I'll stick to my suggestion.

Those who focus on their product find lots of customers wanting it.

They did recommend a few alternatives that provide similar services, including: Renttrack.comClearnow.comPayyourrent.comRentpayment.comOther alternatives are discussed here.I have been using Williampaid for more than 1 year and have been a happy customer.

I will give you the facts, and a couple assumptions.

How laws, regulations and rules are interpreted will be whats normal or custom in that jurisdiction. 

I am in need of advice of wheather to purchase a single family home or a single apartment unit.To provide you with a little background on the apartment unit property I am viewing here are the numbers:4 bed 4 bath in a college town93% occupied/filled rate over past 3 yearsAsking price: $85,000Down payment: $17,000+(2-3% closing cost)Mortgage payment: $443 with mortgage, property taxes, and insurance (assumption 4.25% interest rate)Monthly Rent per tenant: $350Monthly HOA Fee: $250Monthly profit: ~$700+One of the factors that is holding me from the deal is the following:1.) greater appreciation if I was to buy a single family home vs the risk that additional apartment complexes are built in the college townWhat are your thoughts experienced real estate investors?