Any tips, laws, pitfalls that you have come across?

Maybe you could talk to them and tell them how much you admire what they are doing, ask for tips, be interested in their property available and kind of 'pick their brain' as to how they acquired it, etc.GOOD LUCK!

Paint, little tools, gutters..Do I claim these items under "supplies" or "repair"..I bought about 1900 dollars in new appliances for the rental unit.

When I was a member of the local MLS, it was very enlightening to have access to all the information and search tools on there.

It is an absolutely worthless tool to use in assessing value for the purposes of an investor.What you pay for a property is what it is worth.

They give us the knowledge and tools to do so while simultaneously protecting not only ourselves but our tenants in occupied dwellings.

Thanks for the spreadsheet and the tip on heading to that forum!

The opportunity to upgrade to a BP Pro Account is one of the biggest events ever.I see my BP Pro Account membership developing into one of my most valuable online real estate networking tool......EVER!

Apologies if this should have been posted elsewhere.I have a couple of property analysis tools that i use for rental properties.

And further inspection of the inside (not done most years by the assessor) may reveal that more needs to be spent just to keep it at that 45k.The tax assessors site can be a good tool to also evaluate how far off those area comps are.