There's conflicting information about the "Correct" way to prorate rent.At least some professional property managers state the correct way to prorate rent is based on a 30 day bankers month, regardless of how many actual days there are in a month.Doing the math, this arrangement generally works to the favor of the property owner/landlord, albeit slightly.I have also been told that certain states legally require rents to be prorated based on a bankers month.

It appears your number crunching of his post is accurate . there are some mistakes in my calculations as well. remember it is now past 11pm in the north east and that is not good for spelling or math.

Also, it seems like you'd really need to do your homework as to local weather (hurricanes) political climate, etc.

Right now, I work on my spreadsheets at home and always have access to them on my cell phone (works the same w/ a tablet).I have not paid for Apple's version of "Excel" to see if I can edit spreadsheets on my phone (tablet) yet.I think your best bet is to do all the homework at home, and have easy access to it in the field.I don't think you're going to find something that will do exactly what you want (type in the address and it looks up tax info.There are also apps that will work for your electronic signing (not sure if iPad has a stylus with it or not).

On the other hand it will show I know what I am talking about and have done my homework.

I have money partners and extensive experience in construction....You just have to do your homework when it comes to rehabbing and flipping.

So I found this article from Robert Schiller where he and one of his former students describe the possible markets for and math behind the concept of home equity insurance:Home Equity InsuranceI was wondering what everyone though of this concept.

What homework should I be doing ?

There's too much involved to be typed out here, but I've done all the math and already know what will maximize before and after tax returns prior to the ballon, it's just risk adjustment that I'm still working on- We had a couple potential buyers look at it for the appraisal price even though it wasn't actually listed, so there's some interest/it's not a complete loss

Do the math and figure it out.