I come from working with engineers, so I am used to it but I can absolutely see how others are turned off 100%. 

I am using the BRRR calculator to calculate my costs, but I don't think I am using it correctly.

After that I am using 5% rent increases with 60k renovation in yr1- using 20% down around 8.5% rate, many loan officers keep telling that only 25% down is minimum.. idk- yr1 goal to increase rents w renovation around 60k spend w 5% rent increase (tricky part it probably lot of rent lost while renovating maybe 2-3months) - estimating that yr1 and 2 is negative CF and then projecting positive CF w yearly 5-10% rent increasesAny ideas if this makes sense or not?

This hit my LinkedIn feed and I thought it was worth re-posting here for your amusement...

I am using it for my construction business. 

I am ready to be amused...

Hi everybody I was wondering where you post your properties for rent on long term investing this is what I am using now but I did not know if there were anyplace I was missing that you thought was important1.

I was wondering if the PM company can change the settings in the Buildium portal so it sends out monthly owner statements automatically to the owners instead of the owner going in the portal and downloading it manually every month.I spoke to Buildium customer service, they said, there is not a feature like that which I find amusing.

 $1800 (high end of rent range) - $1535 (hopefully mortgage includes full PITI) - $90 (5% vacancy) - $400 maintenance/cap ex - $180 PM (at that low rent point I am using 10% all inclusive) - $50 misc (bookkeeping, utilities that are not tenant responsibility such as slab leak, tax man, allocation of asset protection, etc).  

I am using the LLC mainly to shield liability from the rental property from personal assets.