We have an operations management software that has an AI feature to help us not have to code each line manually, but it's new and still not 100% accurate.

You willing to gamble that the 1M or 2M claim won't come your way?  

In this situation, where there is no W-2 job or other earned income, the net income from real estate operations could be treated as subject to self-employment tax (FICA).It is therefore essential to maintain accurate and detailed records documenting your level of participation, income, expenses, and management activities.

(both were pretty accurate in 2018)Garbage: $500/mo (accurate if not a little high)Insurance: $130/mo (way low... it would have been closer to $400)Vacancy 5%, repairs 1%, CapEx 5%, management 0% — all way too lowRed flags I ignored at first:During the house walk-through, we were a little drunk with excitement (don’t do that).  

I've been finding things like this essential for accurate deal evaluation.

You need accurate numbers and expenses.

It is important that accurate information is provided to those interested in opening recovery housing.

Thanks Elealeh, I've been playing around with making the formulas for BRRR on an actual website, I'm curious if you'd say it's accurate? 

QuickBooks, on the other hand, allows you to track income and expenses more accurately, automate reconciliations, and generate reports that give you a clearer picture of your rentals and investments.

This helps you get accurate costs and makes it much easier for subcontractors to follow without guesswork.