This approach eliminates guesswork and luck because you're buying properties that attract a segment with reliable people.

Utilize the borrowed money to invest in additional properties.Die: Upon death, your heirs will receive these properties with a stepped up basis which can potentially eliminate capital gains tax on the appreciation that occurred on the properties during your lifetime.Have you utilized any of these strategies in your real estate portfolio?

I would contend 90% of beachfront STRs do not compete or eliminate home ownership for middle class America. 

Just know that Solera bank does NOT OFFER ACH.

Ca may be tenant friendly but they have done more to eliminate bogus ESA than any other state that I am aware of with the passage of AB468.  

Eliminate debt, establish a budget, and save.

One Fidelity rep says this account cannot be used to do ACH transfers, so I cannot use it to take rental payments from  my property manager.

There use depends on the type of trust setup - they can be used to bypass probate; eliminate ownership and control from a person subject to lawsuits; skip a generation on an inheritance and hence skip inheritance taxes, and numerous other uses.  

You can collect the money in many ways, I have tenants pay using secure ACH transfers using apartments.comI would declare this income because later on you may need the documented income to qualify for loans etc.

Our cleaner sends invoices at the end of the month for all of the month's cleans, and we pay them via ACH (used to do Zelle until we got big enough that we started getting hit by Zelle transaction limits).This works great for the properties we own.