If they fail to pay, then you can choose to try eviction or just hold the charges until the end of their lease and collect it from their deposit.

if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.

Chances are you have someone with honor transparency and integrity on your hands and that is very rare.If the answer is no... well, if he lied to the homeowner, why would you think he would not lie to you?

3. what type of deposit / reserves can you provide in case the monthly rents you receive do not cover the rent you pay me?

If there was no objective evidence like that, I am not going to make a decision based on "how much I like" an applicant.

I feel like in today’s day in age there are so many tools for STR operations and I cannot believe there is no integration for a merchant of sale transaction or some kind of financial app/ software that can take the remitted taxes and pay them to the government automatically.

These cash outs got me 14 houses with no out of pocket $.

No one really likes a talker.

I have no social sphere or contacts family or friends in Oregon (I don’t know anyone besides my fiancée).Goals: continue to have flexible schedule while enjoying what I do (selling real estate) and making good money.

He has been saving his money for years and has plenty of money saved but no experience with real estate investing.