However, I feel like I am just bleeding money.

Im not sure, just feeling lost. 

@Andrew Foster some decent advice here, but also some feedback from those who really don't have enough info to support their perspective.Many DIY investors price repairs on materials only and forget about labor as they do their own work.We're a PMC in Metro Detroit, but here's how our process would work:1) MoveOut Video & Pics used to create Scope Of Work (SOW)2) SOW broken down into Priority Categories:- Health & Safety- Government Required (municipality/S8 inspection requirements)- Property Preservation- Marketing Impact / Tenant Retention- Miscellaneous3) Bids obtained if we feel work will exceed Owner Approval Threshold4) Bid sent & discussed with owner to, "redline to their budget"5) Work begins once owner approves & funds6) Completion video/pics providedOf course, while this is going on our Marketing Dept would be doing a rental analysis & ad, and discussing with owner.

lol I feel you though.

The truth is, you may never feel 100% ready, so it’s great that you’re jumping in.

Because they will get defensive if they feel you are pressuring them.

Sometimes I feel like alot of us feel like we are the only ones dealing with all of these issues!

If not, perhaps offer a 1-year lease at the same rent they are paying now, or let it roll over into a month-to-month.Moving is expensive for both tenant and landlord, and both parties will do what they feel is best for themselves. 

.- No need to adjust formulas — it’s plug-and-play.I’m currently sharing the lite version with a handful of investors to get feedback before rolling out the full release.If you’d like to test it out (and help me refine it by providing feedback), feel free to reply here or message me directly.Question for the group: What features do you find most important in a deal analyzer?

Feel free to ask me any other questions so we can get you rolling in the right direction.