Say goodbye to having to collect cash or checks for rent from your tenants.

Managing tenants, collecting rent, and handling repairs can be time-consuming, so factor in property management fees if you hire someone.6.

It never serves interests of the ordinary people, it always serves the state that collects taxes, increases revenues to create inflated bureaucracy and stifles to death any entrepreneurial spirit.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

What a good app to keep track of leases with tenants and collected rent money each month and automatically apply late fees if they don't pay on time?  

One to hold all the security deposits and the other for collecting rent and paying your bills.

Most users may not visit a 3rd party site, and you could collect some answers by asking for genuine feedback here on the forums.

Hire a property manager.If you choose to self-manage, be prepared to handle tenant comms, maintenance requests, and rent collection.

The coach would have made $1,000,000 that year through coaching by helping 90 students buy 180 properties gaining a total of $7,200,000 collectively through one on one coaching.  

Definitely would need something on paper backed by lawyers, it is a business at the end of the day. im trying to collect as much information as i can before making any decisions, thank you