Still have to pay attorney and fight it through court. 

The BiggerPockets community is filled with people who can share valuable insights and past experiences.I'd also recommend using the search function to find people and topics of interest here on BP.All the best to you!

If you still like the deal with those conservative numbers, then any extra function from the converted room is just a bonus for tenants or end buyers.

It does not to the listings and some other functionality you mentioned, but I don't know of other great software for banking paired with accounting and one and free-to-tenants rent collection.

Attorney fees and court cost can be added, it'll just depend on what the judge will allow.

Quote from @Geeta Bihari: Cash flow will be a function of how much money you put down/amount of leverage you use. 

All are perfectly functional now, but could pull higher rent with replacing the flooring, and updating the kitchen.My current financing setup for this deal would be $235,000 from the HELOC I already have secured.

If you evict a tenant and the courts gave you back possession and also awarded you the financial judgement you had asked for (unpaid rent and paid fees) which the tenant can't or won't obviously pay you back, does anybody know what steps you need to follow to put that legal judgement on Credit sites like TransUnion and Experian as a last resort to force the tenant to pay you.

A 'bird dog' is a 'finder'... and while there are clear cases of advertisers overstepping their bounds into brokerage (http://caselaw.findlaw.com/il-court-of-appeals/1546961.html) there are also (many not so clear) cases where a 'finder' is not a broker (http://law.justia.com/cases/new-york/other-courts/2010/2010-20104.html).I would encourage anyone to browse the last link for 'finder' and also to look at the section 'Quality and Quantity of Services', 'Fiduciary Duty', 'Differences in Entitlement to Fee'.

., flipping or developing with the intent to sell).As Josh explains, the IRS and courts tend to focus heavily on intent and the taxpayer’s ordinary course of business.