There are dozens of check boxes, some of them matter, and Balance Sheet and capital accounts are now required.

I wanted to solicit some background info before reaching out to my accountant and she advised similar to your comments. 

For context, each tenant has a separate security deposit escrow account.

They should have and accounting department, maintenance department, leasing department, tenant relations, property manager, assistant property manager and legal (in house or 3rd party).

DM me, and I will send you contacts for attorneys, lenders, and accountants they have previously used.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

When so many renters stopped paying rent during COVID, companies like SureVestor stopped taking new accounts because they were facing a significant number of claimes.I personally don't see it as a good solution.

The part that I can see being the most beneficial to us, personally, is the "REI Hub" which is the accounting piece that you can opt to pay for as part of your monthly subscription.

.- Tenant Accountability: Many programs have strict guidelines for tenants, and breaking those rules (e.g., property damage) could jeopardize their assistance, encouraging them to be responsible.- Inspections: Some programs require annual property inspections to ensure compliance with their standards, which can occasionally be demanding.- Damage Risk: As with any tenant, there’s potential for property damage.

If you have any accounting questions, feel free to reach out!