There are some apps and devices to help automate things and worst case I live 45min away.

It's expected you review and hold your mobile device constantly in your hand and communicate.And it's almost unusual if you don't respond within an hour.

All expensive devices should be plugged into a surge protector and not directly into the ungrounded outlets to prevent damage.Recommend installing a battery backup system on the sump pump to prevent shutdowns during power outages.Roof is towards EOL which means I am looking at high CapEx in near future (less than 5 years).

Frankly, I think if you can complete your education and research from a mobile device, you probably don't NEED BP.

Hi everyone - Looking to pick your brain on what your combination of software that you use is for your real estate business, or if you could recommend any for me.Here is what I'd like to be able to do:- Import transactions from my bank to categorize- Create and view project specific budgets, and be able to see if my project is on track throughout the project as I categorize transactions- View a P&L statement at the end of the project- Ideally be able to categorize transactions from my mobile device on the goNice to have but not important:- Managing a project (deliverables, deadlines, dates, etc.)- Invoicing a client for upgrades Up until now, I've been operating from Excel, but we're growing to the point where manually entering transactions and categorizing is becoming very tedious.I tried setting up Wave, and while I'm able to live with some of the limitations it has (i.e. subaccounts), I haven't figured out how I can assign budgets to the expense accounts so that I can track progress.  

Would the basis going forward to the replacement property of the primary  converted to rental be the basis as it was as a primary home or FMV at the point of being placed into device as a rental or the primary home basis + any long term improvements while a rental?

Overall, I agree with Evan in that this is not dissimilar to a value add synidicator just with few units.

Curious what the BP community thinks of having smart devices like this in higher end STR or long-term rentals?  

I think you are going to need to weigh all the pros and cons and device what you are willing to sacrifice. 

There are a number of companies that offer this service - of it you think it'll be an ongoing issue - I would just buy the device.