If you have more than one LLC, each LLC should have its own set of accounts.Checking: Collect all income here, then use it to pay bills, the mortgage, or maintenance.

Hi Kyle, I really like rentprep w/ income verification.

@Ezra Avery you might want to read below to understand Classes of Property/Tenants.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Many Smokys owners are having to make a decision in the next 48hrs on having to cancel incoming guests this weekend due to weather/snow event. 

I feel bad for the investors who are likely going to lose out on their hard earned income and invested in this company but it can also be used as a case study for other members of the BP community moving forward before investing.

- Are you needing that $6500 in income?  

STR income: $170K/year with pool.

If you plan on moving do something else in the meantime and build up income/savings

Section 8 is best used as a risk mitigation tool for properties in super low income, high crime areas.

So I do not have a tax filing with the rental income on it yet.