@Tony Asbille I use Buildium which is one stop shop that means does everything for me and you can add features and everything is on cloud and the support very knowledgeable and professional.

From my knowledge from combing through bigger pockets I was planning to add up - 50%(expenditures + vacancies) + PM fees + EMI. to answer your question about, whether it is being strict - I think its always good to be on the conservative side rather than being on the aggressive side.

I'll definitely look into joining the Knoxville REIA so I can hopefully get a good start and meet some knowledgeable folks :)

Please correct me if I'm wrong like I said I'm new and don't have all the knowledge.

I have done this in the past when visiting other cities and both parties came out with valuable knowledge and potential business opportunities.My background i have 30 Airbnb units in Chicago and run my own property management business here.

@Quandra AdamsI am not an insurance expert, simply was sharing with you my knowledge based on my experience.

There is a wealth of knowledge on here that can help.

I’m new to REI and would like to gain as much knowledge as I can to help me find some of these wholesale deals.

While bidding for a home, I need to take into account the rehab costs and my knowledge in that area is negligible.

Both of them are offered as value-add plays based on a light reno which is supposed to result in rent increases of $115 to $150 per unit.I have my own thoughts on where I want to be in terms of property quality but I wanted to see if any investors local to the area or knowledgeable about the area could offer any opinion on what class these two neighborhoods/areas are and which of them would be more resilient in an economic downturn.