You can set up an online account to monitor the bills and tenants payment activity.

We owe it to each other to hold people accountable but do it with dignity.Some of the people I really respect on this forum don't give specific feedback to those off the wall questions. 

If so, follow the lease and post the charges to their account or something.

Failing to budget correctly for repairs or not accounting for unexpected expenses can cause you to go over budget.

However, my perspective is more cautious, driven not just by statistical analysis but by firsthand observations in the field and insights from investors and developers across the country.

It has an accounting section where you can log expenses and earnings

Do you favor a Roth IRA, high-yield savings account, or life insurance as an investment tool?

I am looking forward to connecting with fellow lenders, accountants, and real estate agents to get more perspective and build my knowledge on real estate so that I can start to build wealth in my mid-20s and onwards.

Out of 2,500+ investors we have as clients, only a small handful invest as an LLC.I could see the point to an entity if a group of family members or friends were pooling their money to invest in a syndication or several syndications, but outside of that scenario I don’t see the point to it.But don’t listen to us, get competent legal and accounting advice from those licensed to give you proper advice after evaluating your legal and financial situation and risk tolerance.

Feel free to reach out with any accounting questions.