Nice to see another fellow Canadian.First of all, it is not a fair comparison to compare houses in "Canada" to the houses in the "USA".

I did some searching on valuations on Prop. shark and other sites, but nothing gave me a good price comparison.  

Currently there are no similar new construction projects in South Beach to make an apples-to-apples comparison.

For a real comparison you would want to include the management percentage on this property if the other comp is professionally managed.I get that you are presenting in broad strokes and in good faith.

You can't do that, not if you want to make an apples-to-apples comparison.

Hey Logan,Here's some info on the multi family inventory in the Phoenix / Mesa area.Builds are rather old in comparison to SFH's. 

There are lots of new construction in the area which can't be used as a fair comparison to a renovation.

I'm starting to be of the opinion there's less attention there making it easier to spot deals; using neighborhoods I've targeted in STL as a comparison.

By comparison, Quickbooks is a PEASLY $300 and will take you, at most, a few hours to learn... or a few hundred bones to have professionally set up so you can run it with minimal effort.I would wager that most people will save in time and frustration what they will spend in money to start off with Quickbooks from the get go, rather than trying to "Make do" with a spreadsheet (or a dozen spreadsheets.)Finally, when your business grows, you won't have to redo your entire accounting system from spreadsheets to Quickbooks.Note: I don't work for Quickbooks, I don't get anything from Quickbooks.

I just posted another about rate comparisons.