It clouds title and selling will require all parties to sign off.

Zillow, Innago, Tenant Cloud etc... all have the same risk.

To make this type of investing viable you must learn how to do title searches so your not buying property with state or fed irs liens or other issues that will cloud your title.

I need to see which one is more user friendly, tenant cloud or Google forum.

In any case, I'd make sure you or your PM have arrived in the 21st century of managing and scaling business Yes, there's this thing called the internet and some companies have invented amazing property management cloud software to make your life a ton easier and cheaper.

There's a chance that title will be clouded, and you could walk away from that and still get your EM back. 

This is a pretty robust cloud based software that you can import all the T-12 info and rent rolls and it aggregates the data and compares it to similar assets all over the country comparing income, expenses, rents, etc.

The details can vary by state, I'm sure but in my state a few of the potential issues are:- Clouds on the title caused by not notifying interested parties correctly (perhaps requiring a quiet title action)- IRS Tax liens- Unpaid estate taxes because many properties were part of estates.

I too worry about the security of my financial information being in the cloud. 

I have seen many posts about Cozy and Tenant Cloud, and I am interested in getting a discussion going on updated material for this year.