@Devan Praska I do not have a manual for my tenants but have created a manual for each of my properties in the event that something might happen to me and someone else would have to take over the management of them.

It can also create a lease for y'all to use.

However, unless you're doing this as part of a BRRRR strategy, you may end up paying closing costs twice and incurring unnecessary interest on the HELOC prior to refinancing.Additionally, conventional loans often have seasoning requirements of 6-12 months, while DSCR loans typically require only 3-6 months.This post does not create a CPA-Client relationship.

@Tim Holt Come February, it's legal to create an ADU by-right on any single family property in the entire state.

For wholesalers: How are you adapting to buyer preferences or creating irresistible deals despite tighter margins?

We’ve been victims ourselves and I’ve been told that directly by law enforcement.We had a scammer create a very professional website using the exact name of our lending company.

Be prepared to spend a lot of money creating the infrastructure.  

Just want to start setting up as if it were. so far i have thought about creating 7 accounts.1) all rental income account 2) account where common utilities and mortgage will be billed3)maintence/capex expenses4)vacancy expense5)management expense (to put the units up for rent)6) property taxes 7)cashflow am i missing anything? 

Giving them a laundry list of items will typically just overwhelm them and create more confusion instead of giving them a smaller step process to get more confidence to get the ball rolling and then they can get into the weeds on their state when they get the contractors out there, have local bids come in, and dial in their plan. 

SMS really did not work, it seemed to annoy a lot of people waaaaaaaay more any other method.Do you use a service or do you create the mail on your own?