It can be draining if you work all day, then need to drive 2hrs after work and spend 4-5hrs working at the house and then 2hrs back. 

I understand the cost of having to separate meters and purchasing additional water heaters and such will be hefty.

It’s crucial to communicate with your lender before making any moves.Future Property Acquisitions: When you acquire additional rental properties, consider purchasing them directly under the LLC.

Setting clear, achievable goals will help guide your decisions.When it comes to getting finances in order are you keeping a budget and know where every dollar you spend goes? 

I also don't have a GC and am managing the rehab myself and planned to spend under $2,000 for this. 

In addition to that, you still need an additional 24 months of practical construction experience to qualify, which is more than enough time to weed out anyone who can't handle the real-word construction industry.

Wanted to know if it's possible to send a tenant to collections after a move out/ evictions for additional charges the security deposit didn't cover.

That is a 99.97% FAILURE rate.Yet you happily listen to those who tell you to do MORE of a strategy with a 0.03% success rate.Come on man.My mission here is to stop all these scamming gurus fill this industry with all sorts of crap to justify you spending thousands on lists, mailers, SMS. 

One option you might try is to go to Bi- Weekly Payments, this way you collect on the same cycle as their paychecks.As long as both of your tenants still have their jobs, I would ride it out, the 2nd thing is how are they maintaining the property, are you going to have to spend thousands of dollars on repairs because of damage to the property.

I can't re-iterate enough how much better data I have actually spending time analyzing my market and understanding my competition.