The system is very clear cut, making it simple to navigate.

I do not expect easy and simple from a bank.

Say they want a Sept 1st move in, then I would let them move in a week or two before the first at no cost, as long as they sign the lease and pay the sec dep and Sept rent prior to getting keys.Otherwise just ask what it would take to get them to move forward and you might just get an answer.Loved* that response     Hopefully they can communicate as well as you do, thank you Brian

It's that simple.

If that is the case, then it should be a simple matter of taking the total, subtracting the amount from the submeter and then dividing the bill appropriately with them splitting and fees unrelated to the usage 50:50.

To keep things simple, I'm not accounting for the cost of capital (that is very personal and varies for everyone) and I'm not considering other exit strategies.

Great system and good checks.Some other good ones are:mysmartmove.com (transunion)TurbotenantAvailRentspreeI'd just see what's going to work best with your overall property management system... aka how are collecting rent, communicating with tenants, collecting maintenance issues, etc.

And it's so simple to apply for the EIN that it's worth that minimal effort to avoid the potential bank hassles.I found that US Bank is fine with the SLLCs but just depends on who you're speaking with.

What resources do you use to communicate with guests and do you use any VAs?

We have migrated into adding a new property in the last 60 days and will look to replicate what we are doing, in a new submarket with one simple goal- crush the competition and help create memories.