For added liability protection, consider setting up an LLC for the rental, though this may have limited impact if the mortgage is in your name.This post does not create a CPA-Client relationship.

While I have a general understanding of what it takes to set up a fund, I’d love to tap into the collective wisdom here.

There are several companies that send letters and some are active on Bigger Pockets.However, I would caution you to set expectations appropriately.1.

I would like to do some research on other rental properties before I set my priceComputer algorithms are good for studying a general market, maybe even a neighborhood, but they are terrible for evaluating a specific rental.

Neighborhoods Set the ToneSan Diego’s neighborhoods each have their own vibe, and we’ve learned that tailoring renovations to match is essential.

I’m not convinced it makes a real difference unless a person has a unique setting.

Grind it out for 5-10 years like this and you’ll be set for life.

We have many hundreds of 5 star reviews (see the full set for yourself  https://www.trustpilot.com/review/nomadlease.com) that demonstrate this.Thanks for all the discussion and let me know if I can answer any questions!

You can also split the difference by looking at the historic energy usage for the property and setting that as a utility 'cap.'

I set up tax lien as a keyword alert so I get alerted when someone mentions them.