Challenge is where is their motivation to properly screen applicants and get rid of nonpayers?

If you plan to expand your portfolio, forming an LLC can simplify liability protection and operations for multiple properties.Consult a CPA or legal professional to confirm your tax obligations and evaluate whether an LLC or umbrella insurance aligns best with your investment goals and risk tolerance.This post does not create a CPA-Client relationship.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Here is a newly created resource on BiggerPockets, which touches out cost segregation, accelerated depreciation, bonus depreciation, depreciation recapture, Real Estate Professional Status (REPS), STR Loophole / STR Strategy, example properties, and more.Cost Segregation 101 Author: Sean GrahamHappy to answer questions :)

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

@Chris SeveneyI agree it is not the most professional website I have seen.

Any guidance or referrals to professionals you trust would be greatly appreciated!

Getting the application and fee for the first lease completed now.

I have no idea how real these rates are they dont have credit score just A+,B+ , C+ d and e and application fee is $400.

I imagine it can be tricky without face-to-face interaction, but it sounds like you’ve got a solid approach.Honestly, I don't have a process for establishing trust with sellers other than being polite and professional.