There are very special circumstances where a lender will count projected rents by the room.

(However, the software is geared towards smaller companies)(There are specialized softwares that larger companies use).Quickbooks can handle the accounting for a small business who does flips.In my opinion, you likely need to take a class on QuickBooks to properly and efficiently use the software.There are likely some schools nearby that will teach you quickbooks.The alternative is to out-source it to someone who is focused on the real estate accounting space.Best of luck.

A ttiel company will prepare lots of other documents to sign at closing and usually there will be an application and an appraisal. 

Typically one of the owner's children are the trustee of the revocable trust, he/she can take control of the properties, appoint another sibling or sell or do maintain them.Can someone guide me or point me to a legal expert for this specialization in Virginia please?

An LLC would be useful for  banking, accounting and tax return preparation.

I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

I have two local contacts for you Bell-Harding (HBI) is a local high level CPA specializing in Foreign investors and these scenarios.Another would be Daniel Boyd a local cost-seg specialist 407-451-8996Best of luck

As you can imagine, we already have an attorney who specializes in real estate and an accountant who is well-versed in rental property accounting best practices (but she admits she doesn't have a lot of experience on the private lending side of the business). 

Hello BP Community,I was wondering if anyone had hired or worked with the company Specialized Property Management Atlanta.

Things won’t always go as planned, but with the right mindset and preparation, you can navigate the challenges and come out successful!