Hi All,I was hoping to get some perspective on how you have organized your businesses finances primarily when it comes to running a fix & flip business.Generally I'm wondering what account types I should have, and what their purpose should be.

Challenge is, finding a PMC that meets your expectations and is organized well enough to consistently deliver.Read on for our copy & paste advice about screening PMCs:-----------------------------------------------------------------------------Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I would also add with respect to Self-Directed account, Roth IRA/Solo 401k, with Roth Component.

Typically when I see failed Facebook ad accounts it’s due to improper implementation rather than the platform itself.

Are you using Buildium for your accounting records and for tax purposes?  

Are you a risk taker or conservative, are you organized or disorganized, are you emotionally intelligent or think more with your heart?

Since 2020 we've been selling these units to individuals and organizations that may buy from 1 to 5-6 units each, but currently trying to expand our business.Given the interest rates for financing these types of structures and how much landlords are charging (for both short-term and long-term rentals), I found that the net income is way higher than the average mortgage payment, so basically it's free money.I've been thinking it'd be a good idea to partner up with a real estate developer to develop a mobile park.

Hold them accountable, and lean into their knowledge of the area.5) Wait6) After 12-15 years, you'll have 3-7 properties.

Also an accounting nightmare.

Sure that's fine but.... the owner said he used multiple bank accounts to collect rents and thus can't provide the 3 years statements since they bought 2022 so not 3 years.