Any great self-managed property needs a high-quality photographer, handyman, cleaning crew, along with other property vendors as necessary (pool care, lawn care, pest control, etc.)What tools can I use to automate tasks?

My AirBnB is nearly 100% automated as well so I don't use a management company which helps on the back end.

.• Category 2: Gross income from a trade or business that is a passive activity or a trade or business of trading in financial instruments or commodities.• Category 3: Net gain (to the extent taken into account in computing regular taxable income) attributable to the disposition of nonbusiness property and property other than property held in a trade or business to which the 3.8% NIIT does not apply.

Value add, automation, room to expand, better control of costs and income How did you find this deal and how did you negotiate it?

After reviewing his unit that was listed by another company that had sat for 3 months I tried to schedule a showing.The automated email bounced back as not working and two separate phone numbers lead to a recording that said to leave a VM and they would call us back.After that I read the description on their unit and it instructed me to go watch a video of the unit on YouTube and apply through their website sight unseen.I am all for automation and leveraging technology but… this business requires professionals as well.

My tip, work on systems, tools and marketing before you quit your W2, so you have your lead gen automated and can focus on working with people and not have to take time to build systems.

I really would love something that can help us establish what we made from x property, what we need to pay for the debt service and expenses for the month, and automatically distributes the positive cashflow into our accounts or something of that nature to make things more automated and organized.Does anyone use something like this?

Is it possible to automate this?

Tough to win that battle.Just my thoughts.....hopefully you prove me wrong and make all kinds of cash on the PM business and are able to create automation and outsourcing to handle all the work at minimal expense with lots of profit.

From the loan servicing guide:Notes: For all such transfers affecting mortgage loans purchased or securitized by Fannie Mae on or after June 1, 2016, the transferee is not required to occupy the property.a limited liability company (LLC), provided thatthe mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, and the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.https://servicing-guide.fannie...