It offers features like Automated rent collection (Tenants can set up auto-pay) and you can receive payments directly into your account without any manual tracking.

@Fahima Hilal an architect usually only outlines mechanicals, plumbing & electrical on their blueprints.Your contracts should be creating appropriate drawings showing where their stuff would go and submit to city with their permit application.

@Jake HughesCost segs can be an amazing tax deferral mechanism but they are not a one size fits all solution.  

Booking added to Hospitable for booking confirmation auto message to trigger7. 5 days before check in, auto message for check in instructions are sent8.

Depends on the age of the building, mechanical systems, etc but good rule of thumb is 6 months of reserves liquid to feel safe

Morris SUPPOSEDLY replaces the roof and all of the mechanicals so that you SHOULDN'T have any of those issues for many years.

In your property folder I'd include a "Closing Folder" with your closing statement and original home inspection (all your major mechanical pictures and ages are there).

I like RentSpree because the prospective tenant can upload all of their docs into the system and the system auto-emails all references to confirm.

No auto-generated financial reporting, but owners can generate their own reports through their portals.

Checking account auto sweeps to pay down the principal which saves a ton of interest over time.