As for REO, the answer like most real estate investing questions is, ‘it depends.’For example we are able to do deals without previous real estate owned, but we just added that feature within the last 3 weeks. 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

The app is very easy to use and there are lots of features that allow you to consolidate, ship and/or discard mail.

I typically turn that feature off though.

We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

Yeah, who knows, maybe he'll get featured on an upcoming episode of American Greed.Originally posted by @Chris Seveney:I share the sentiments of many on here.

If it's permissible then the #1 feature for top producing STR's is proximity to water.

Identify some sizzle features that are NOT expected in typical rentals in your market and look to add a couple (NOT ALL) and only the ones that are easiest to add (low hanging fruit).

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Have always owned homes but would consider a condo with an amazing view or unique features.