I also use their virtual credit cards which enables me to assign a card to a specific person, like the cleaner for my STR for example, so when she runs a charge, it automatically drops into the right account in terms of categorizing my expenses.

What made you think this person had no experience whatsoever and didn't own their own home? 

Most states require them to produce a report with that data to give to the client.So why is having an algorithm look at the rental data illegal, but an individual person look at the data not?

this is only a good idea if you have reason to believe that the area will be appreciating quickly, which is called speculation and akin to gambling not investing. me personally, I would rather put my money on black than bank on market appreciation. negative cash flow rentals are a time suck and money suck.

I’d love to discuss how I could help the organization by purchasing it and restoring it to productive use.”Request a Meeting: Ask for a meeting with the person or committee responsible for property management.

Not worth it if you have to feed the thing.But again, what are your personal goals to investing.

BUT.... but, but, but, also how a person manages will impact this.

You are still personally guaranteeing the loan.And you did the right thing by putting the assets into an entity, especially if there is equity.

Personally I’d wait and see what happen.

Where would somebody find such a person that even gave a care????