Did you pay with a credit card?  

Screening tenants well and then a security deposit or credit card hold process in place will limit liability.

It takes away your trump card... who wants to evict a sibling? 

You also don't need to send them if you paid with credit cards or via intermediaries like PayPal Business.

A tax account ensures nothing is accidentally spent elsewhere, and a marketing account makes sure lead generation is always prioritized.From a credit perspective, connecting credit cards to these accounts on autopay helps you manage spending responsibly while playing the credit game.

You screen them the same way a hotel does: not at all.The only thing you need to verify is their credit card number.

I get a dozen post cards a week! 

I’ve used all the rental cashflow since I started investing to buy more and more houses, or to pay off 401k loans and 0% interest for a year credit card loans to scale up.

I seem to remember that I didn't even have a business card until then either.You are VERY late to the game to be making these decisions. 

We thought snapping receipt + sending invoice email directly to QBO was super attractive.However, we are finding QBO to be also cumbersome and pricey1) Personal credit card - If I mistakenly use personal CC, I have to manually create an entry (this happens quite often). 2) Pricey - $99/month is now really adding up.WE thought it would be a great early learning and investment to adopt QBO now as we scale (hopefully to MTR and LTR).