If only it were that easy….

I'd rather do one locally, but I live in California, and I think it would be very easy to lose a lot of money quickly in a rehab deal, especially here in California where everything seems to need a new foundation.

Considering the figures of 95% occupancy and $750/night, it's akin to a software business having 2+ customers on a $21,500/month subscription EACH.Unlike software startups, real estate offers "easy" bank loans, so each dollar invested effectively becomes $2-4.

LLCs are easy to set up in most states if you have a single member.

Before the accounting side of the business management gets too far, I was wondering if there are any recommendations on an easy Bookkeeping tool. 

A handy search bar in the upper right makes it easy to find previous discussions, blogs, podcasts, and other resources.

My lease says I get paid $40/hr to do work tenants are supposed to do or fix their damage.The job sounds easy, especially if you have leftover paint or the paint formula.

But you can manage remotely fairly easy

Oh, because someone has marketed it as easy on the Internet.

Their approach to sub-portfolios is intuitive and flexible, and it was easy for me to tweak a "portfolio" to have it track my income and expenses from my real estate agent gig.