We agreed upon the profits from the Airbnb's being for the property bills and debts that have accrued while working together, i.e credit cards and other loans pulled while those specific properties were being renovated.

I have a long term tenant who I inherited when I purchased the property he has always called us whenever there was an issue (A/C not working, Broken window, toilet not working etc) Well last night around 8:30 pm we received a call from him that he called a plumber to remove roots from the sewer line and wants us to pay the bill. 

I'm glad you are getting into the Cleveland market.I have clients running short term rentals in these areasEast side - University Circle, Shaker Heights, Cleveland HeightsWest side - Ohio City, Tremont, Edgewater, LakewoodHere is a recent article on a bill passed "House committee passes bill to block cities from regulating Airbnbs, other short-term rentals" https://ohiocapitaljournal.com/2022/05/11/house-committee-pa...

Most people who pay for coaching, mentorship, and programs before they have done a deal are looking for the payment to generate the results, but most investors suffer from user error because of this.4.

We want to know exactly what interest rate we’ll pay on a mortgage, what the water bill will be, if the property next door is thinking of selling, and everything else that has even marginal relevance.  

@Zehua Zhou,You can use a Fidelity non-prototype account to manage the rentals, but it will have some of the features available with the bank's checking accounts, such as having a debit card, mobile deposit, and bill pay.

You could read 100 books and still need to learn more because certain things must be learned through trial and error.

If it persists, have her sign an addendum to her lease for a dog poop removal service so that you can bill her monthly and let her know that her lease will not be renewed.

@Brian Sherman You need to gather the last 12 months of water bills and get an average for use.

Need to see my tax bill before I commit.