That way I could easily see profits per unit and admin expenses/total business health all in one place while still keeping all of my documents, tenant leasing and contact history, etc. right now I am just too spread out using Quicken, Tellus, Evernote for document storage (receipts, bills, quotes, etc), and OneNote for process/procedure documentation (my eMyth planning In Progress).

Any Australians here that have done this and could help out with a strategy and how to dip my toes in the US market and help provide tax/legal procedures that need to be done.

@Jimmy Chao on rental properties I typically disable the exterior hose bib completely as part of my standard operating procedure.

Hey Leonel,The best and quickest way to get up to speed on all the tenant laws/procedures would be familiarizing yourself with the NJ Truth in Renting Act.

If anything bad happens, she can be considered trespassing private property & you can evict her immediately without any legal procedures.

More important than your bank account (if you are self-managing only, and not providing services as a third party manager), are your procedures and documents. 

Hi all, PM here.If a PM was responsible for the screening, their screening procedure absolutely should include past residential history with contact information for each landlord.

What if you get sick or injured and need to have a medical procedure? 

As there are no leases, you would need to follow the New York procedures for terminating month to month tenancies (timely notice, etc). 

There are of course specific procedures and timelines to follow.