We just started using Baselane, and perhaps we could lean on that more to be able to track the expenses, categorize them per property/per tenant/mark as 'tenant expense'/mark as 'tenant reimbursed' or 'tenant unreimbursed', and then create a security deposit balance report, that would pull everything together.I'm just looking for advice from someone that has already figured out a simple and standard way to handle this.

Yes, your standard mortgage rates are dropping, but most of your true commercial lending options are always going to be slow to react so I'm still seeing commercial rates higher than that.Sent over a DM, but would love to talk through some options if you are interested.Good luck!

There will be unexpected costs that come up, so make sure you give a little cushion in your budgeting for that. 5) Screening- Have a thorough and standardized screening process.

Perhaps it's not as good as it sounds if I have to take out out such a big loan just to meet FHA standards.

When the tenants moved out, he discovered they had utterly trashed the place and the cost to bring it back to market standard (and thereby get a more desirable tenant) was beyond him. 

Ok, for anybody still interested, I located the applicable regulations.Performing repairs yourself on property held within your SDIRA fall under United States Code: Title 26, § 4975, subpart (c)(1)(C) which reads:(c) Prohibited transaction(1) General ruleFor purposes of this section, the term “prohibited transaction” means any direct or indirect—(C) furnishing of goods, services, or facilities between a plan and a disqualified person;As stated above, it is a little vague and subject to interpretation.

He is well beyond the standard allowable conventional loan limit and uses the best means possible (private money) to continue to fund his single family real estate investments in several markets around the United States, some for cash flow and others for appreciation. 

. - Most DSCR loans come with standard 3-5 year early payoff penalties.

Proof of Payment - The industry standard of documenting a mortgage that does not report on your credit is with a "verification of mortgage" (VOM) form. 

Hello Gustavo the standard Prepayment penalty for DSCR is 3 years but it possible to do 0 years.