My returns also got a bit too complicated with niche REI stuff for the great tax guy I used for many years and still does my parents and sisters taxes.They handle other REI guys and attend some REIA groups I went to and knew about bonus depreciation, K1, cost segs, schedule E and HELOC junk used for investing and private lending.

Speaking to the more frequent turnovers, it is more than LTR but not as much as STR =) You just need a good system to handle turnovers and you'll be fine.Overall, for the MTRs my company manages, we get 80% occupancy.It will differ by market, but I find 1 bedroom units and 3 bedroom houses do the best for MTRs.

I personally like outdoor bath /shower setups over hot tubs, but if you can handle both, I would.

We just started using Baselane, and perhaps we could lean on that more to be able to track the expenses, categorize them per property/per tenant/mark as 'tenant expense'/mark as 'tenant reimbursed' or 'tenant unreimbursed', and then create a security deposit balance report, that would pull everything together.I'm just looking for advice from someone that has already figured out a simple and standard way to handle this.

UPS Worldport in Louisville is the largest automated package handling facility in the world, acting as a global logistics hub and supporting thousands of jobs.

TO SERVICE OR NOT TO SERVICEWhether to use a servicing company or not comes down to you and it’s good to ask yourself these questions:Do I want to be the person managing my loan-handling the workouts which can include making calls, monthly statements, collection letters, etc.?

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

If a title company handles a subto of an FHA loan without qualifying the end buyer under FHA regs, the title company could be forever blackballed from closing federally insured loans.

I think handling the maintenance is 80%+ of a property manager's job.I treat property manager's like I do insurance. 

It may seem like an expense when times are good and you have a good tenant, but if or when anything more major comes up that requires an eviction, you would be wishing you had a person locally to handle these issues.