One of their tenants was one of their maintenance guys but was not their manager (making sure rent was collected), I think he paid either half of what rent should've been for his unit while the unit next to him was a 1bd unit as well renting for $650/700 at the time and that was about market rent still.

What MAY make sense is to setup a Master LLC that operates like a PMC and collects all your rents, pays all your property-related expenses, etc.The owner of each property (you, LLC, trust, IRA, ect.) would have to execute a management contract with the Master LLC, so the Master LLC could legally act on behalf of the property owner(s).Check with Account Closed read our 

What MAY make sense is to setup a Master LLC that operates like a PMC and collects all your rents, pays all your property-related expenses, etc. 

You do not use the $900 in fees you collected.

We make over double the fair market rent. with zero collection issues and turn overs that are simply hire the made to go clean..

He's someone I already knew, and he does the work for a small rent discount but he's about to move out and I don't think it'll be so easy to find another qualified tenant without losing a month's rent while looking.Before I bought the building, the tenants were all responsible for taking their own cans to the road and they were collectively responsible for keeping the area clean, but they didn't (and I didn't know they didn't.) 

If you use Buildium to collect rent, you need to enter that information into QuickBooks. 

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.

Reg D 506(b) allows for unlimited fundraising and up to 35 sophisticated investors.  506(c) requires accredited investors.  

The fact that the same section does not prohibit the collection of STATUTORY attorney’s fees under 799 or 814 is meaningless in this circumstance because you included the illegal clause directly in the lease.