We thought snapping receipt + sending invoice email directly to QBO was super attractive.However, we are finding QBO to be also cumbersome and pricey1) Personal credit card - If I mistakenly use personal CC, I have to manually create an entry (this happens quite often). 2) Pricey - $99/month is now really adding up.WE thought it would be a great early learning and investment to adopt QBO now as we scale (hopefully to MTR and LTR).

Yes it’s common to have an additional guarantor who has a balance sheet added as a credit enhancement.

Equity and cash flow are equally important when deciding whether to pull money out.If you can put the equity to work by adding another property while still having a nice cushion on your cash flow, then I would say definitely yes.  

Do any of you use any app to do tenant placement on ad-hoc basis?

To process a new owner payment the system takes an extra week or two.

It makes the dialogue more between the two members rather than with the whole membership (unless you take extra steps to click on every triangle).

For the 4 plex you are spending an extra 80k in renovations (I question your 110k renovation number to get to 4 units - this could be low but I don't know the square footage or layout).

If interest rates fall later, refinancing again might require you to bring extra funds to the table, which could impact your overall investment strategy.

We mainly own SFR and do LTR but last year we added our first STR and its been a great experience.

If anyone can explain what it's really doing for me and how is it doing it.Would you recommend adding an "Umbrella" LLC in Wyoming to own  all the others to preserve the anonymity and stronger asset protection laws?