Hi, Don't hesitate to get in touch with [email protected] for assistance regarding your account.

Housing does annual checks and the units are usually kept well. 

Many investors estimate 10-20% of the property value for older units or around $250-$500 per unit annually, depending on its condition.

I have a separate account for my real estate properties and keep a base amount there.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

I will be graduating from college with an accounting degree in May of 2025.

I'm unclear what you mean by upgrading your accounting for the syndication.We use multifamily property management software.

I will also add that many independent travelers that do room rentals enjoy having their own fridge.To keep things kosher in shared spaces, my friend who runs PadSplit says every room comes with one colors or plates cups etc to ensure that guests are accountable for their own dishes.

So we have to collect, account, and remit separately for them!

The HOA doesn't have the 10% minimum in their reserves account (savings account) and Freddie Mac won't lend on it.