Here is item 3 mentioned above1.Delivery of Property Information Items: Within 7 days after the effective date, Seller will deliver to the Buyer:a)copies of all current tenant applications and leases pertaining to the Property certified to be true and correct, including any modifications, supplements, or amendments to the leases (applications, leases, modifications, supplements and/or amendments to be made available to Buyer during regular business hours at the Property);b)current rent roll (showing lease rent, delinquencies, lease expiration and security deposits paid), certified by Seller to be true and correct;c)most recent 3 months bank deposits;d)a copy of Seller's income and expense statement for the Property for the last 36 months immediately preceding the effective date;e)copies of the Evidence of Insurance for all policies since the last renewal, including invoices, current policy, and copies of the last three years loss run from the insurance carriers for fire, hazard, liability and any other insurance policy that relates to the property;f)copies of all previous surveys, environmental assessments, geotechnical reports, studies, architectural, engineering feasibility studies, “as builts”, plats, or analyses made on or relating to the Property, including maps, plans and drawings;g)real and personal property tax statements and any appraisal notices for the Property for the previous 2 calendar years;h)copies of current capacity letters, and current utility bills from the property's water, sewer, gas electric, trash, phone and cable service providers for the past two years, or permission to access these accounts;i)copy of existing Property Management Agreement; a)payroll detail – 2012W-2s, YTD monthly, and most recent Y-T-D paystubs;b)a current inventory of all personal property to be conveyed under this contract and copies of any leases for such personal property;c)copies of all notes and deeds of trust against the Property that Buyer will assume or that Seller will not pay in full on or before closing;d)copies of all current service, and maintenance, agreements relating to the ownership and operation of the Property; including but not limited to: Laundry Lease, Cable/Satellite, Electric, Phones, Leasing, Commission, Advertising or other;e)copies of all current warranties and guaranties relating to all or part of the Property;f)current and past capital expenditures for the past three years;g)copies of all work orders for repairs incurred by Seller for the Property in the 24 months immediately preceding the Adjusted Effective Date; (work orders to be made available to Buyer during regular business hours at the Property)

I keep each of these sheets to total incomes at the end of the year.I keep a folder for each property and put corresponding receipts and all invoices for each property in its folder and don't have to sort them all out at years end.I know this seems like the caveman way to some but it works for me and I have 34 units.

Now 2 months after closing the previous seller has started invoicing me (the new owner) for utilities based on square footage.

Hi,I tried posting in the Tax & financial forums, but had no response, so I'd like to try here:I'm intending to set up an LLC early next year, and start wholesaling remotely in 2, maybe 3 states during 2016.This is how I'll be working:- I find the leads.I pass these leads on to a JV partner in that state (wholesaler)He/She finds the cash buyer and assigns/double closes using a local Title CompanyMy wholesaler receives the assignment fee.I invoice my wholesaler for 50% of this fee.My question is:- Given that I'm only "invoicing" the wholesaler, do I need to register my LLC in any state other than the one where my LLC has been formed?

@Dan G. 

Originally posted by @Dan G.

I do limit my data exposed online, no real irs numbers, last 4 digit bank accounts only, no copies of bank statements, etc. i do upload my invoices/receipts though.

Hence the reason we have semi-annual or quarterly inspections of our units and repair & invoice damages as we find them.Our general practice is security deposit due at lease signing and first month's rent due before we hand-over the keys.  

@Michael Dang Hopefully someone from your state will chime in but you could always check with the real estate commission: https://www.trec.state.tx.us/agencyinfo/default.asp

DANG Jerry!