@Teresa ThomasMost of us accountants who contribute to this forum work remotely and nationwide.You do have a fantastic local one: @Daniel Hyman

This is my first investment and i can really use your guys expertise One effective method is to use the MLS and look at units that have leased in that area.

What methods do you all use to protect against personal liability?

the chance of long-term return is much higher with the appreciation method (assuming the property is in a nice location) - so I realize I am willing to hold it if that is the case with this property.What I don't know is - how can I do an assessment or calculation (with assumptions of course) to compare whether one makes sense over the other?

@Greg Dickerson thank you .I did run the numbers as a rental with the four square method and it looks like I’ll cash flow after all expensive about  350 a month with CoC ROI of 9.69% . 

I cannot remember the official term used to describe this method which makes it even more difficult!

Glad to hear the old school off market methods may still have some value.

@Eric Nelson I want to use the B.R.R.R.R method.

Your initial responses were fantastic.

I just listened to the first two episodes and I think this will be a fantastic resource for rookies like me.