Investment Info:Single-family residence fix & flip investment.

This is helpful for monthly bookkeeping and tax return preparation. 

Investment Info:Single-family residence buy & hold investment.

I'm genuinely asking to understand the use case for my self for an individual investor.Re. balance, as someone who is a former CPA and has prepared financial statements for multi-billion $ funds, I understand the important of a balance sheet.

Ask your property manager to prepare a staffing plan which would show how they would staff the property and what the salaries would be. 

And once you convert it into your primary residence it is no longer eligible for a 1031 exchange. 

A smart seller will have note, deed of trust/mortgage/etc. prepared by a local real estate attorney (yes, he/she may work with/at the title company) and be sure the security instrument is properly recorded in the land records. 

I am moving out of a home that was my primary residence, and it is becoming a rental. the mortgage is currently in my name. 

Run your comps and be prepared to adjust a suggested price based on condition, layout, and other factors.

The trust preparer suggested we put our rental properties into the trust as they are currently owned personally.