While we do not generally manage properties outside of our own properties, I did him a favor and added his property under our umbrella. 

Then, you'll match that journal entry to the bank feed deposit within Stessa that will most likely flow through your bank account in early October.This method allows you to clearly see your income less all applicable expenses per month per property within your master accounting software.Doing this also has the added benefit of allowing you to catch any mistakes made by the PM as well (we catch mistakes all the time for our Clients that would have otherwise cost them money).Does that make sense?

We added a few more video cameras to expand the coverage.

I also plan on adding more partnerships to my portfolio possibly this year also.Appreciate any advice, thank you!

I’m a new investor and have begun using the rental property calculator on bigger pockets for my market.I’ve only analyzed about ten properties so far, but I am getting about negative $1000 cash flow per month for most of the properties and negative cash on cash return.  

If you had a real buyer lined up and were adding value to the transaction by connecting them to the motivated seller, then that would be different.

.- You may be charged back for something that was done months ago (that will catch you completely by surprise when you have no money left at the end of the month and may even owe them);- They also advertise vacant units on rental platforms with weird fees (which you'll find out later when looking for your unit's ad online).

Adding a 5-10 unit will increase your expense exposure initially until you raise rents to cover costs. 

(We turned the attached 2-car garage into a 4th bedroom, adding equity and cash flow.)

Hunny agrees and we feel our money could be used else where on maybe a hot tub or adding on a deck on the back of the house."