At that point I realized since I have the money and I really take all the risk compared to ANY GC I am just going to control the process all the way through..

Purchase price: $150,000 In the process of buying 1.21 acres in Isabela, Puerto Rico.

Quote from @Jason Hathaway: I'm in the process of purchasing another home adding to my portfolio.

I guess I'd like an option like that though instead of "Reject".Right now, they're just "Pending" in limbo.I'd be curious to hear others processes for handling this in PM software, even if you don't use RentRedi.I've tried to explain the situation to RentRedi support many times and they're making me want to pull out what hair I still have.Thanks in advance,Brandon

Depending on the fee schedule and activity this can cost significant transaction fees and always includes some red tape and extra processes to go through.

Transcribing transactions from bank statements, posting transactions to the correct accounts, and then manually creating an income statement, statement of owner's equity and a balance sheet is a fairly time consuming process and I have not been able to keep up with the book keeping between my regular work responsibilities.What accounting software do people recommend? 

I am in the process of getting my Michigan Builders License and I currently own 4 small rental properties.

.: I'm very new to this and would love to get your thoughts on this and are there any downsides to the process?

#2...not the zoning, although that can be important too, but the actual property code in the Florida statutes about tax liens and the process. 

So it does appear to be possible to get an FHA 203k loan for a 5-unit & convert to a 4-unit.When possible, aim for the Limited (aka Streamline) 203k loan, as it's less complex, not required to get an FHA consultant, etc.Of course, this is based of the two following important assumptions:1)  zoning allows for this2)  and obviously I owner occupy for at least 12 months3)  the total purchase price + renovations are within the FHA loan limits specific to my areaWhat I'm confused about is the timeline or chronological order of the process?