Account ClosedHaving an LLC for each property is overkill and an administrative nightmare.

I like the specs of Buildium, especially since it provides an easy way for tenants to pay rent with minimal fees but that type of software seems like it might be overkill for just one property.

It gets paid that way.As for the water, I think you are going overkill a bit.

But I've had a few dozen for 19 years so that may be overkill for a 1-5 unit/building owner. 

I have no knowledge on GA real estate law so I can't really give you advice on what your contract says, but it might be a bit overkill to have that many different inspectors running through a home, especially during COVID times. 

@Marco TrimbornHi Marco, I have a LLC (disregarded) in each state that I have property which is owned by the “parent” LLC which is a WYoming LLC (files as a partnership) I guess it’s overkill but it works for me.

I was in the process of interviewing management companies(maybe overkill for an owner-occupied duplex, but with my work schedule and him being blind I feel he will be better taken care of in an emergency) and found one that was able to redraft a M2M contract that addressed some of these issues - guest limitations, specific language to common areas, etc.

Tearing out all the walls is really overkill if you have good condition plaster.  

I've never had to rip out fixtures or trim - that's way overkill.

@Ross Y.Going to paste my answer from here - https://www.biggerpockets.com/...Most investors are not Real Estate professionals and therefore cost segs and bonus depreciation is overkill beyond (normal bonus depreciation) as it will knock out the passive gains in the first few years of the project in most cases.