So, to summarize: Woohoo!

Lessons learned summarized in a post here: https://www.biggerpockets.com/forums/12/topics/1243638-first-rental-property-success Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

To summarize everyone above and add things they might have forgotten or not made clear.  

Contractually it isn’t a legal document but it summarizes the terms of a potential deal.  

Here’s what’s going on and why it’s problematic based on your description:  Your Situation (Summarized):→You already own the home—you purchased it via owner financing 6 months ago.

However, reality proved to be quite different.To summarize, I typically lost about $1,000 each month.

In an attempt to help provide insight on our specific market, I went through and pulled our MLS market watch, inventory, and pricing calculations; and summarized the findings, as well as what experts are predicting in terms of growth, for the Charlotte area:Current Inventory & Pricing in Charlotte (Q1 2025)Median Sales Price (Charlotte Region): $387,200, a +1.9% increase year-over-year.Inventory of Homes for Sale: Up 39.4% year-over-year across the region.Mecklenburg County (Charlotte metro core):Median Sales Price: $445,000, up +4.7%.Inventory: Up 45.8%, with a 2.2-month supply—still below a balanced market (typically 5-6 months).Closed Sales: Down 3.6%, indicating buyer hesitancy or limited affordable supply.Is Inventory Catching Up with Demand?

Hey guys I’m working on a new tool for real estate investors and professionals, and I wanted to ask the community here for some honest input.I’ve been building an AI-powered platform designed to help manage and analyze commercial real estate deals think deal underwriting, lease analysis, AI chat, reporting, team workflows, all in one place.Some of the features we’ve already built or are testing include:• Instant IRR/DSCR/NOI calculations during deal entry• Lease uploads (PDF/DOCX) that get parsed and summarized• AI chat assistant that understands your deals, answers questions, and can even approve/reject or generate reports• Portfolio dashboards with metrics by tag, status, or property type• Red flag detection (e.g. risky assumptions, high vacancy, aggressive exit cap)• Org/team setup with comments, notifications, permissions, and activity logs• Conversational AI workflows like “Walk me through underwriting this deal step-by-step”But I don’t want to build this in a vacuum.If you’re active in real estate (investing, underwriting, raising capital, syndicating, asset managing, etc.)

I can summarize and talk about what is in the report but can not and will not share a copy of the report. 

Your tax bill is 4x bigger than seller's accurate T12 numbers.To summarize, the seller numbers are really only useful for a very back of the napkin analysis.