When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or to refund to the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account that is specifically designated for future investments.

In Illinois, my preference is to use land trusts with a separate LLC designated as the beneficiary.

I absolutely love the design aspect of the projects.

Most do not purchase properties, and that is by design. 

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

Quote from @Jessica Young: Hey everyone, I'm an owner in a tiny HOA in Florida and the owners want to either ban smoking entirely or make a designated area.

It has worked out that way when the seller has allowed me to design and rehab. 

I’ve been looking into Vintory's CRM since it’s specifically designed for the STR industry, but I’m also considering HubSpot for broader capabilities (and because it's free for up to 2 users).

Specifically, I'm seeking talented handymen to work their magic on light cosmetic enhancements and an ingenious stage designer to infuse the space with their creativity.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.