My mortgage (includes tax, insurance etc) is $1625/month.Repairs = $2,000 total thus far, close to 240/month. most of which was heavy when I first purchased place and painted, changed light fixtures, window ac units etc. not that much anymore.Expenses: 1625 (mortgage)+325 (utilities)= 1950 + repairs = 2190Income: 895 (garage rent & utilities)+700 (roommate rent & utilities)=1595cash flow= -355 to -595Pros of the situation:I Took action.

Online review “Prolog is relatively easy to deploy, and the cost for a small company to implement the system would be in the range of $10,000 for three concurrent licenses and another $10,000-15,000 for implementation and basic configuration”Landlord Maxx - Aaron Saarela said, “We just started Landlord Maxx which was 199.00 one time fee.

@Thomas ChristianWhile the structure can be legally implemented, adhering to the guidelines you outline are not all that's necessary to be compliant.

I put roughly 13k into it removing wall paper, wood paneling, replacing a drop ceiling in the kitchen with a dry wall ceiling, refinishing hardwoods, adding lighting, and updating some plumbing.$1100 in rent for a 60k property might sound great, but property taxes on the house are roughly $300/month, so its not as lucrative as it might sound, plus the 13k rehab out of pocket is more than my down payment so it cuts my ROI in half.

It's too late to implement 2016 tax strategies because your 2016 facts are already written in stone.When you hire a CPA, the true value they bring to the table is the ongoing advice.

It seems for a TK provider to actually make their own money and be successful then their markup would put you in the retail price realm which leaves very little equity if any to start and it seems the properties in the areas that many TK's operate in have a very slow rate of appreciation so how do ever really increase your true net worth or implement a true BRRRR strategy?

In the end it comes down to skill, lighting and post production, after a certain price point compatibility of items for desired effect is more realistic a factor than the price point itself..my numbers were for the most part, simply to put it in perspective.

I hope someone from Renatus is reading this because rather than taking offense, I'd take this as good feedback to implement with my instructors/employees.

Try to dummy proof their processes as well with clear guides and things to look out for, even flowcharts on what they should do if there's a light bulb out, guest overstaying their welcome, what they should notify you on, etc.  

and at the end of the day, we need to be able to use common sense in getting into a door.Yes, you will need a WiFi set up to control the lock at your location and a very cheap subscription if you want to control the locks remotely -  but you don't have to.Beware of shiny, good "Apple" design looking products made of cheap and light plastics, especially when it comes to longevity and the heavy mechanics needed to withstand millions of physical movements and human force.