(Although, condos and coops often have maintenance fees).

This is something you will encounter if you sell your current property; that you will get some of that equity back but there is a lot of money that will be lost in closing costs, taxes, agent fees and the like.  

I stayed on top of things a few times per year, and this was all I needed to do. 

PITI + PM Fee = $1,458.82 PER month You actually only cash flow $141.18 per month and that's IF your escrow is only 3k annually. 

Hey @Mario Richardson, To help you in your search: be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.

.- open a business checking under the LLC- open a savings to hold the deposits- open a CC under the LLC (Amex blue business 2% cashback on all purchases up to 50k, then 1% cashback on the rest, Very unlikely I'll be spending over 50k a year on just the one property)After further research it looks like everbank actually does offer 5.1% HYSA and business checking accounts with no monthly fees.

@Jake Baker right, if you have clean accurate books this is it, but may also lower you CPA fees. 

The plaintiff attorney now sees an “unprotected” “juicy” $375K equity available to pay a creditor judgement, and of course his 40% contingency fee.   

The general rule of thumb is the 1% Rule which says you should bring in at least 1% of the value of the property per month.

On the executive leases, they are essentially mid-term leases, and can produce 5-7k per month in North Central.