I just got another random $475 bill from them.  

Not only does it make the property look poorly managed, it's a great way to crack your main sewer line and leave you with a hefty plumbing bill.

If the properties are split into more than one LLC, then each LLC will need its own accounts.Checking: collect all income here, then use it to pay bills.

Buy and holds is the key to true wealth with all the benefits of depreciation, appreciation, loan pay down by your tenants, leveraging the equity, cash-flow etc etc, but it often times isn't the active income that pays the bills until you build up a portfolio and even then there's the tenant management or managing your property managers.That's why I'm involved in all 3.

Now you have the Tenants Bill of Rights and every tenant now gets a free lawyer if you try to evict them.

We are paying cash to him every week or so when he sends bill. 

I like the fact that one and a half units pays all bills.

Finding tenants to pay your bills is the hard part.

This does not involve the utility company meaning that you will still have to go into the property, read the meters, then individually bill each tenant for their usage and understand the bill is still in your name.

BookkeepersRole:Bookkeepers are responsible for keeping track of the day-to-day financial transactions of a business.Responsibilities:•Recording income and expenses (sales, payroll, bills, etc.)