Build credibility fast with a one-page plan that shows your why, your buy box, your team-in-progress, and how a lender or partner gets paid.

If you want to get fancy - An accounting software like REIHUB or Quickbooks.However, excel works just fine.

Targeting student rentals in a market like Columbus can offer excellent cash flow, and renting by the room is a proven strategy to maximize it.You've asked the two most critical questions for a remote investor.

And being the organizer of the group will give you some credibility going in as a person who gets things done.

Quote from @Kyle Frey: Boston, MABoston’s an excellent MTR market. 

I built in Excel a DCF model that lays out year 1-10 cashflow with a set growth rate for rents, cap/ex, turnover costs, appreciation, etc.

Welcome to Texas.Coppell is an excellent place to live (I live there. 

Unfortunately, they rarely make it past the Excel phase.The Networker – You’ll see this one at every conference, meetup, and online forum.

Multiple quarters of busy updates and changing directions, failure to find credible partners. 

If this is in keeping with your asset allocation structure and you are heavier in the market than your plan outlines I think RE can be an excellent bond type fund component.