If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

So the land costs $300000 and it has curbs and gutters and to build 10 beds which is a teenie tiny operation you need showers, sinks, a nursing station, electronics and ADA compliance so to build a 4000 square foot place it's going to cost $1,600,000 (architect's plans, cost breakdowns, contractor. permits, state inspections...)   

One-stop-shop for banking, accounting, reporting, tenant screening, e-leases, electronic payment, maintenance requests via tenant portal.  

People want flexibility and mobility, to be able to search and select their living arrangements electronically, and not sign a contract with an arbitrary twelve month commitment. 

Not only did we have to put together a binder with 27 items, but we have to submit all of it electronically through a HUD system called APPS.

We are using the "rent-by-room" strategy, and we put electronic locks on all bedroom doors and the front door.

Not as many issues as his electronic door lock but...In our rentals, we always install a very basic thermostat.

. - maintenance requests (When your tenant or you put the maintenance in you can review it modify it ask questions then send it to your handyman via email with all the information so they can give you a quote on repairs) (it also tracks if they are still open or closed, you can make it where you or both you and the tenant can see the maintenance request which is good because some of the minor repairs I keep track of until tenant turnover so I can fix later)- rent payments, (they even allow for a security deposit return electronically vice mailing it)I use Stessa for all of my accounting.One thing I would like for Innago to add is a calendar option inside of the software.

The entire process is done electronically. 

Any advice, recommendations to choose the best bank in dallas for out of state real estate investors will be much appreciated.KEY REQURIEMENTS:1. my prop mgr will be making deposits. but i dont want the prop mgr to have full access to my account. a way to enable deposits and make available only a small incidentals fund for prop mgr to run the property.2. will be relying heavily on electronic banking support3. should be able to pay all utilities electronically as much as possible.