That said, the initial investment might be higher, and managing an older property here could come with its own set of chalenges.Subs: Naperville, Glenview, and Oak ParkOn the other hand, suburbs like Naperville, Glenview, and Oak Park offer a different kind of stability.

I had my attorney review the LLC agreement before hand, which we made a few changes to, but nothing really stuck out as a red flag individually.

My total credit utilization would remain < 30% after taking the cash 3.  

I'm not sure how many total properties you own but rent-ready and buildium are worth checking out as well.

Also a side question: Do you buy Umbrella policy coverage amount 'equal' to the total amount of all your investment properties and personal net worth?   

- Treat with Respect - These tenants need a helping hand and they should be treated with respect.

Find a good property being totally mismanaged - offer to purchase 60% and take operational control selling your property management expertise and future profitability, providing property owner/seller with enough cash to pay off his pressing debts keeping current loan in place. 

Don't you think it is time to take success into your own hands instead of relying on others when they themselves haven't figured it out yet?

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I managed it with spreadsheets and notepad on my phone only and used no accounting software the most part.Would you guys find more use in a service that replaces hands quickly or just having an app on your phone and computer to manage your flip projects that's visually appealing and easy to scale with?