We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

They were secured against properties in my local area.

Any insights would be appreciated.https://www.adamssheriff.org/sites/default/files/2018-03/evi...

You just file more paperwork.

You will have sunk about 14k plus closing costs into the deal.In a few months the work is done and you get a PM to find you a tenant and get a lease and collect first month and security and now you can do a 75% cash out on that 215k. 

This means securing at least two bookings (to get a stay of less than 7 days) and completing all setup tasks.

I have file a suit for back rent. 

Not mentioned, is recognition of other opportunities that a well-secured note may provide strategically, if placed well.

I wouldn't worry too much about it, if you have a competent CPA or bookkeeper they should be able to review your books and within minutes have a strong grasp on who gets a 1099 (spoiler alert, not every contractor gets one, I'll be annoyed if I get one since I'm structured as an S corporation) and the amounts to report.1099 filings are usually a loss leader for us, so if you're working with a professional make sure you take advantage of them filing everything for you.

My front is similar with packages delivered most days and being very confident if delivered to the front door that they are very secure.