As much as anything like @Chris Seveney points out frequently the annual reporting can be complex and costly and its mandatory otherwise your running some serious SEC risks.. 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

They can also advise on the proper way to report this on your tax returns.Hope this helps,Ty

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

My tenant reported that a cat defecating on the ground make it filth and unclean.

You will receive a report as a result of the cost segregation study that supports the breakout between asset classes and new depreciation schedule in the event that you are audited by the IRS.

U could order an E an O report for small dollars to check it out..

After about a week, another leak is reported in the tub.

@Jimmy LieuIn 2023, I have seen reports Cincinnati-is the fastest growing city in Ohio.https://700wlw.iheart.com/content/2023-07-07-the-fastest-growing-city-in-ohio/

It sounds like you have a decent lead if it's been abandoned for a while and is in some level of disrepair.If you email me one of the owner names and the property address I don't mind pulling some reports for you.