I would love to help you in any way that I can in your new adventure. 

Subject: Status of Your Rental Application Dear xxxx, Thank you for your interest in the rental property at xxxxxx.

Talk to your banker about your plan.

@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.

They have lots of options for you, depending on your budget.

To protect this community, they are selective about the people bring in because we all want connect with people who are motivated, committed to the process, and excited about being part of a real estate investing community.

A professional property manager should handle the heavy lifting, ensuring your investment is protected and profitable without adding stress to your plate.

Most times you can be pretty safe estimating an hour for this, but if your property is in a rural area or a heavily congested urban area with slow-moving traffic, you may need to be realistic about it taking longer.BTW: you should be realistic about a Service Call fee even for little jobs.

A local investor will be best equipped to get repairs and renovation done at fair prices, set rents at appropriate levels, and help select qualified tenants.

It depends what your budget is, how much you value a CPA on your team, etc.