Whenever he moved out, he made an arrangement with the most responsible tenant on site to become the PM of the house.

,Thank you so much for your thoughtful response and recommendations!

I love that there is a forum for being able to ask questions like this in and get a great responses back.

I have corporate bookkeeping experience and can see all the money coming in online but there is no one there I can speak with about our account.

Greatly appreciate each and every one of your responses.

The forelcosure auctions in my home State of Florida are all online.

@Caroline Gerardo  My response related to reserves was a reply to this statement in your post: "In addition to down payment you need reserves which is 12 times or 24 multiplied by all you debt.

We use DealCheck to underwrite deals and QuickBooks Online for everything else post-closing on the purchase.Quickbooks Setup:- Classes allow for separate P&Ls for each property. - Products & Services enable us to track each 'phase' of the rehab. - Projects give us visibility on my projects- My CPA can easily access the reports for tax preparation.

You should have a clause in your lease agreement or an addendum detailing their responsibilities along with penalties for violations.At Keyrenter North Jersey Property Management, there are a couple things we always go back to when making these decisions:- How can we provide the best value/service to clients and tenants?

Established on line presence5.