@Breeya Johnson Austin has gone through numerous changes the past five years, both good and challenging.

A friend of mine invested in one last year—apartments upstairs, a small coffee shop downstairs - and the combination of income streams made it a steady performer.Scaling with a 1031 Exchange:While not applicable unless you sell a property, planning for a 1031 exchange could help you scale quickly while avoiding capital gains taxes.

In addition, you’ll be included in their newsletters for additional real estate investing resources.The best way to leverage RentRedi benefits is for rent collection:Tenant applications and screeningDocument and field maintenance requestsE-sign leases Tenant communicationRenter’s insuranceAnd for Stessa benefits: Property bookkeeping and accountingPortfolio monitoringProperty analytics to track historical performanceSchedule of Real Estate OwnedLandlord bankingTax prep support 

@Carl DieckmannWe have been using University Federal Credit Union and have numerous LLCs with them.

There are indeed many tempting short-term investment opportunities in the market that look very attractive numerically, but their potential risks can easily lead to pitfalls.

Use the top three or four discriminators so applicants can screen themselves.Then you need to have clear screening criteria yourself.

Apparently has done jail time for numerous crimes.  

You screen applicants because you don't know them!

For instance, in Sec. 401(a)(9)(C) it says:...The term “required beginning date” means April 1 of the calendar year following the later of—(I) the calendar year in which the employee attains the applicable age...Example 3.

.: It's not an issue IF their lease is scheduled to expire.My personal practice: when a tenant submits an application, I let them know I intend to contact their former landlords.