If there loan origination/underwriting process is robotic, expect a robotic loan administration process more times than not (which is generally a bad borrowing experience, particularly if there's adversity).  

Please note i did not invest with them, but wanted to mention that as there are names out there when mentioned its an automatic red flag.

Originally posted by @Beverly Taylor:During the set up process for RentRedi, the software automatically sends out a message to all tenants by email.

Here's why:The Multi-State Chess Game:• Client had properties in 3 states• Each state has different deadlines to assess taxes• Federal changes trigger automatic state assessments• Timing the response saved $45K in state taxes🏠 Real Estate Investor Pro Tip:States can't assess back taxes if their statute of limitations expires before federal changes finalize.

My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.

If so, you can add package upsells automatically through your property management software (e.g.

I would prefer something I can buy once - software subscriptions are a nuisance.Something that automatically downloads transactions from my online banking portal and that can be used to easily categorize expenses for financial statements would be excellent.Thanks,Kevin

I am sorry Mendy, but QuickBooks has a bank feed as you know that brings each credit card transaction in automatically.

I do use Ownerrez as a PMS and they have a report that automatically gives me the numbers needed to do it myself and it takes just a few clicks.

You also get $50 automatically when signing up with Invelo, no matter which plan you choose.