@Corazon B. when we initially purchased the home it was under our name, but we have now gone through the process of changing it to be under the LLC.

Thank you again for pointing me in the right direction—I’m looking forward to learning from this process! 

We’ve just finished our 2025 planning meetings for our six largest projects, and it’s been an interesting process. 

So, the eviction route is a longer process. 

For payment processing, we use Stripe. 

Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency,  trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.

I'd be happy to walk you through the process if you have questions, just DM me.

Yes, but highly unlikely:(Anaylsis process is pretty simple.To determine what to offer on a rental property:Determine reasonable market rent, NOT the highest!

They always say in the letter they send about the transfer not to worry, all the payment info will transfer automatically but then they have issues processing payments on their end and it’s always difficult getting through to anyone who knows how to resolve the issue on their end. 

While many of these issues are important considerations and should not be ignored or overlooked, there are other more crucial criteria that you must question and evaluate first.The critical risk criteria that you must review and evaluate prior to making your final decision on which 1031 Exchange Qualified Intermediary to retain includes, but is not limited to, the following areas:Technical capability of the 1031 Exchange Qualified IntermediaryInternal processes and audit controls to safeguard your 1031 Exchange funds and assetsUse of Qualified Trust Accounts or Qualified Escrow AccountsDecision criteria and guidelines for investment of your 1031 Exchange fundsProtection from potential errors or omissions by the Qualified Intermediary (E&O Insurance) Protection from potential theft or embezzlement of 1031 Exchange funds (Fidelity Bond) An experienced and professional 1031 Exchange Qualified Intermediary will understand these concerns and should be happy to discuss these crucial issues with you.