- then get with an accountant and discuss whether it makes sense to convert your LLC to an S-corp.

Having a good game plan as an investor is key, making wise purchases, accurate budgets, holding subs accountable and to also know, yes, this may be the  current ARV at purchase, but how is this market trending and what’s our timeline.

Finally, accountability is key, as we take ownership of our actions and results both individually and as a team, creating a foundation for trust, growth, and long-term success.

For now I will continue to study and save money to have more down payment for when it will be time to buy.

I dont enjoy that it makes them sign up for a rent redi account etc. but I am not sure what other options to try.

And it's convenient for life if you use your personal bank account, you can still have one app for rentals and paying friends.-  Con's:  Nothing about the software per say, but about the landlord experience. 

So, they should be accounted for separately.

The 25K would go towards a rate buy down.As far as accounting for cap ex and maintenance for newly replaced/updated items, I'd still recommend doing it.

You've now become a mediator between them.I assume you prefer not to have the utilities and water accounts under your name.

I would discuss this with your accountant.