New member here - have found many useful tips & strategies on this site, but was never a member prior to today.I have a question about seller financing calculations regarding a deal that I'm currently working on.I'll spare you the full details of the deal, but I've essentially been able to get the seller to open up to a possible seller financing deal that would get me a great cash on cash return of near 20% on a good, solid property on the busiest street in town.Here's where I'm somewhat stuck (and I hope you can follow).

Re laundry money, i never include this in my calculation - i simply look at it as bonus income. your vacancy at 3% sounds low, again not knowing the location its hard to sell. 5% would be my lower estimate in high demand location and proven 100% occupancy in the last 2-3 years.Repairs and maintenance, unless the property was recently renovated top to bottom or you would renew the large items like roofs, HVAC, water heaters etc 5% and 4$ is tight. 

New member here - have found many useful tips & strategies on this site, but was never a member prior to today.I have a question about seller financing calculations regarding a deal that I'm currently working on.I'll spare you the full details of the deal, but I've essentially been able to get the seller to open up to a possible seller financing deal that would get me a great cash on cash return of near 20% on a good, solid property on the busiest street in town.Here's where I'm somewhat stuck (and I hope you can follow).

My partner met with a tax professional who said we shouldn't be expensing anything in FY17, but this seems strange to me for items like mileage and other operating costs.

The more detail the better.

A Profit Loss statement is nice, but I'd like to get more detailed.

I am in the due diligence phase and the initial inspection showed some plumbing issues and leaks and I want to understand the scope repair and get a estimate.Would really appreciate if anyone can please recommend a good plumbing contractor.Will send out the details about this deal once I get it closed. 

As we do that, we go through this checklist: https://www.biggerpockets.com/files/user/kubaf/fil...After it's done, I can then re-watch the video over and over and use my favorite estimating tool to itemize the repairs.This is exactly the same thing that I do for my local flips, except I'm the one recording with my phone.That being said, the question becomes should you get into something like that. 

It would be great if these companies provided detailed videos/information reviewing the tenant experience.

The LLC will be a pass-through entity and all items of income will be reported on your personal tax return, but you still should keep separate books for the entity.You also want to look at whether a pass-through entity helps your bottom line and your taxes.