Quote from @Bill B.: What are you hoping to get out of the extra time, work and costs of having the LLC?

Hours later she sends me the bill and says "He had to put a new lock in due to something with the door."

Quote from @Alex Tchogorian: Hi @Chris Seveney I just finished reading Win-Win Revolution by Bill Bymel and would love to be part of your group.

Has anyone here figured out how to better automate the bill input into Baselane? 

Combine these benefits with GI Bill-funded real estate education to expand your knowledge.This post does not create a CPA-Client relationship.

(Senate Bill 33, for those keeping score.)

@Robel Nessro  Many young people are buying houses and then having roommates to help pay the bills.

Even using dedicated independent contractors as your maintenance crew requires book keeping (bills receivable, payment, bookkeeping to track expenses for tax purposes and warranty claims, etc.).Having a reserve for cap ex, but not allocating any estimate for the cap ex cost means that your cash flow estimate does not include cap ex. 

Quote from @Bill S.: @Brooks McCarvel - MBAs are a dime a dozen and IMO are not really that useful except to get promotions.

This would apply to your unit.Your biggest concern with setting the rent should be the near future. 1) Your insurance is guaranteed to go up, probably dramatically.  2) You may get an insurance assessment bill to cover the CA Fair Plan losses.