We've never actually had a tenant use it after reading the addendum (which was our goal), and I think it helps prevent problems when they understand the myriad issues involved in its use.  

You should be within $50- $100 of market rents for long-term tenants with taking into account the condition of the property.

As far as property management goes, I found a lot of the easy-to-get property accounts are the most difficult to collect and manage. 

I have been involved with a few of these projects in different areas of the country and each one I have worked with has been a great success.  

Your realtor/accountant/title company/attorney cannot be the QI. 

We have an accountant with a chart of accounts to manage everything but I do not see why you need one for operating expenses vs. income.

Hello,I am recently get involved with a fix and flip (my first one).

your on the right track then.. just compare costs and time involved.. then move forward

Account Closed You can do automated lead generation in several ways, depending on whether you're looking for seller leads, buyer leads or private lender leads.Seller Leads: (1) Lead Swiper (online lead search with dozens of targeted searches), (2) Instant Leads -- direct access to listed properties nationwide with a click (3) OfferBot, automated offer making software (I use this every day) (4) Direct Mail Connect (upload your own list or use lists out of Freedomsoft) -- my team manages a ton of direct mail in my real estate business using this, (5) SMS lead generation (I use this every day)...and that's just scratching the surface.Buyer Leads: (1) Nationwide Cash Buyer database (millions of buyer records at the click of a mouse) -- including buyer name, address and all property addresses they've bought including closing dates and prices paid

@Dmitriy Fomichenko because if the holdings in the retirement account are held longer than 1 year they are taxed at the long-term capital gains tax rate and not your ordinary income rate.