By doing this (and knowing the line item costs), you can walk into a home and back out 15 minutes later with a number in your head.

I'm focusing on starting my portfolio with 2-4 unit multifamily buy and hold rentals in the local market where I live with the goal of generating substantial cash flow independent of my W2 job.

I feel like I'm banging my head against the wall! 

In reviewing the tenant online on my own, I found a criminal record on this person, with mug shot (so no denying this is the person), with 'claims substantiated'. 

That said, I want to learn to manage and invest effectively, so I am planning to take the advice given, and meet this scenario head on. 

Disclose your criminal history upfront so you don't have to live with it hanging over your head - and then work your behind off for one who will hire you. 

Hello!
I am curious how you all seem to calculate a mortgage payment on the spot. This seems crucial when you are in the middle of a negotiation on purchase price, possibly trying to push the price lower or knowing w...

Equity has gone up substantially since purchasing.

However, I'd suggest looking at 'new build' numbers for pricing the property with seller and for ARV.  1000sf is obsolete and would need a substantial addition. 

Beautiful market that is growing substantially with big firms like Cathie Woods Investment Firm relocating here.