Update Payment Processing•Work with tenants to transition their rent payments to your system.

Also size, if you're talking about 2 - 4 unit properties versus larger 50+ unit buildings the resources for those are much different. 

@Solen KebedeTo manage a house-sharing property effectively, establish clear communication channels with tenants, automate rent collection, create a solid lease agreement, have a local support system, screen tenants thoroughly, use remote management technology, plan for vacancies, consider professional management, and prepare for your move.

Using your tech background to build systems and processes around your business is the key to scale.When I was getting started I wanted to do it all (wholesaling, flipping, brokering, contracting) and was unsuccessful across the board. 

Seemed like QB would be good for a rental, but since with flips you have to capitalize every cost and everything is essentially on the balance sheet (versus the P&L) it didn't seem to work properly. 

If it is later in the project, and most of the money is spent, well that is where reserves come in (hopefully those aren't blown through).If you have more time than money, you go in and do work that you would prefer to have hired (i.e. cut new beds and put down mulch yourself versus paying the landscapers...).

For example, can you put a kit shower in, and save the money versus tiling the shower etc?

Nashville has great hospital systems, but there are many reasons why someone might want to stay that have nothing to do with being a provider or a patient.

This will be the maximum you can handle before a lenders system will go "ineligible/decline."

This deal was financed through Partner Driven’s flexible capital system, which allowed us to acquire the property quickly at $52,000.