Here's the message from RentRedi: "During a routine review, our payment processor came across a transaction that they must do additional verification on.There was a transaction (#20) under cardholder name XXXXXXX  (amount: XXXXXXX).As this cardholder name doesn't match the tenant name (XXXXXXXXXXXX), further information is required about the cardholder:- Lease agreement - Cardholder name:- Billing address:- Cardholder phone number:- How the cardholder is associated with the tenant:Once this information is provided, I will relay this to the payment processor for review." 

Getting caught up in routines that don't yield results is easy, so this is a great reminder.I also love the idea of connecting with someone locally and getting hands-on with their projects.

There are 3 safe harbors available to you-De Minimis Safe Harbor ElectionSafe Harbor Election for Small Taxpayers (sounds a bit condescending)Safe Harbor for Routine MaintenanceCheck these out...Frankly given the amount, and what you are doing (low materiality to the plumbing system unit of property), I would expense it.

The only thing I can think of that may be harder to deal with if I am not local is routine maintenance issues, but I was thinking I can just ask around for some handy man referrals to have at the ready in case those smaller issues arise, while I would instruct our future tenants to contact our service provider for any emergency issues. 

I would also try especially in the beginning at least quarterly to complete some routine maintenance and make sure the house is being taken care of properly. 

You can actually find 2 bedroom condos below $100k now fairly routinely.

I just sat through a lengthy pitch presentation for Pace's gator method which I left with raised eyebrows and concerns about Bigger Pockets putting their stamp of approval on Pace's brand.

Get into the routine of entering them as soon as bills come in or putting the bills in one location, entering them once a month and writing on them that they were entered/paid, then filing them. 

I've worked in insurance for over 20 years and I've never see it be this hard to get routine coverages.

If the loan is not mentioned on the settlement statement, I would think the bank may raise an eyebrow when you go to refi.