If your property manager is not listed as an additional insured, they may not be covered under your policy in the event of an incident on your property, leaving both of you potentially exposed to liability.It can save you money.If your property manager is not added to your insurance policy as an additional insured, they may be forced to purchase their insurance policy to protect themselves.

For each property, I have a few accounts including a high interest earning savings account for reserves within the platform.

@Lauren Merendino you've got a lot of work to do to figure this all out and do it successfully:)Hopefully, the copy & paste info below will be helpful in this journey.

Spreadsheet is updated with my info...

Saves his credit and reduces your sentence.

Hi Jeffrey,It sounds like you're in a great position with your rental portfolio and cash savings, and I admire your commitment to keeping your investments!

Quote from @Chris Primavera: @Nick Velez thanks for the info and I have heard that the Gatlinburg area isn't necessarily a great market for your first investment because of the competition and amenities. 

In the latter case, I would still use QB to enter info provided by the 3P servicer and to maintain my general ledger for the lending business.

So if the homeowner saves energy or goes on a long vacation, they still get charged 100%.

I have heard different positions about this... both have good points; on one side the new or small wholesalers are more "direct", many times only "one closing" instead of 2 (big companies) which can save a lot of money if you do several deals per year.