Obviously people who dont know the area but visit only at bike week the beach, get that impression.

The HML as you know never leave their office.. they collect data just like a bank does order the appraisal and all that jazz we dont do any of it.. we will run criminal though we dont want to be funding any bad actors or dead beats.

It would have been 10k more and at the time I did not see the point, in hindsight I should have.Today I think of my portfolio more of a collection and when I look at a property my main question is if this is something I will be happy that I bought it ten years from now?

As others have said, this is a business and needs to be run like one.At Keyrenter North Jersey Property Management, we follow an established process for rent collection.

Wow, that's impressive! 

In Georgia, the local tax commissioner office (separate from the tax assessor's office) handles collection and tax sales. 

Originally I was also hoping to find a package that would do more of the property management basics for me, like running ads, screening tenants, collecting rent, collecting e-signatures, etc.What I found after months of looking is that there is no one-size-fits-all platform out there.

This is because collecting rent is often seen as passive income, and the state may not consider this "doing business" that would trigger the registration requirement.However, states like California or New York may have specific rules, so it's wise to check state-specific requirements.Active Income (e.g., House Flipping):Active Business Operations: If you are engaging in activities like house flipping, property development, or property management, this would likely be considered active business operations.

Closed sales dropped by 19.5%, while inventory surged by an impressive 77.2% compared to last year.

Your initiative is impressive, and I’m here to support your journey in any way I can.