I thought the best way for me to make bigger leaps quickly would be to consolidate my props into 1 blanket loan.

The Los Angeles market is very strong for laundromats, but the trend seems to be consolidation into a few large shops.

Here is the consolidated list of all the feedback i received in case anyone else can use it:- move in check lists completed by both property manager & tenant- move out check lists on file completed by both property manager & tenant- deposit withheld letters for prior tenants- keys- outstanding repairs identified but not done yet (by the time we do the hand over)- rental certificates (current / historical)- tenant deposit receipts for deposits currently held (if anything provided to tenant)- security deposit refunds/letters- security deduction letters (an itemized list for any deductions)- pet deposit receipts - tenant applications (current / historical)- leases & extension addendums (current / historical)- warranties that are still valid- affidavit stating all outstanding bills have been paid- invoices (current / historical)- report of current deposits sitting in escrow for tenants - eviction records- legal notices posted (3 day notices)- archive for tenant communicationsKind regards,ps

They negotiated lower interest rates on my cards with the credit companies, they consolidated the debt, and I paid them my one monthly payment.

Otherwise, the underwriters are going to look at the deal the same as if I was using the funds for debt consolidation or home improvement.  

The problem is that every manager uses a different software to manage the properties and I get very multiple versions of reports.I am looking for an efficient way to consolidate my reports, cash flow, compare expenses and manage my property managers in a better way then just manually inputting things in excel.

BP,Has anyone found a way to get a consolidated line of credit based off the equity they have in multiple rental properties?  

I pointed out that he would be competing with every single other platform out there on the ads, and they would almost certainly price him out of profitability.He does not want to join a marketplace that runs using the SPV format, since its expensive to get those new investors and the point is to reduce the acquisition cost by getting them to continue to invest in future deals (rather than anonymously through a consolidated investment on a platform).

Haven't done one in a long time, but I used to check 'debt consolidation' or 'home improvement'.  

Its a Fannie Mae product so you are held to those DTI and LTV standards, but definitely worth looking into as an option to consolidate your debt.