Do you find there are "hidden" costs associated with using Rent to Retirement. 

You will never really know who you rent your property to until you actually rent it to them, because their is no background check for double personalities, hidden anger issues, spiteful intentions, or who someone becomes when there angry or upset.

Go to your bank and tell them you want instructions for a tenant to pay ACH from their account to yours.

For logistics, you can always have designated parking for each unit, and let them know that in their check in instructions. 

You should still instruct title company to run a title and lien search.Also did you receive a payoff letter to see how much is still owed?

The Village at West Meadow Townhomes HOA 4545 N 67th Ave Phoenix, Az 85033 2550 E Rose Garden Ln, #71384 Phoenix, AZ 85050 July 18, 2024 RE: Introductory Letter to Village at West Meadow Townhomes HOA Homeowners Dear Village at West Meadow Townhomes HOA Homeowners, The Village at West Meadow Townhomes HOA Board of Directors has instructed PMI Phoenix Valley to initiate the Leasing Management Program for all homeowners.

If you don't know how to research, try locating a HUD office to see if they can help.I send it via email because I like to include move-out instructions. 

High touch" and customer service from an "impression" standpoint might suffer but all else could work very well.Automated showings is easy nowadays.Automated maintenance and scheduling is fairly easy nowadays also as long as you have a solid vendor list.Also, have to "teach" the tenant from day 1 on "How to" use and do all of these things so on-boarding instructional manuals are vital.Just my opinion but I'm seeing the world of PM go heavily in the virtual direction.Well, at least the smart companies are doing it.Less overheads and a heavy reliance on tech and automation.Unfortunately, tech has let me down much less than people have over the years...I had an in depth talk with our team and we pretty much only need an office to hold keys lolEvery one can work from home with ease.Granted, they got use to the smell of my cigars in the office hahaIs smoking allowed in closed spaces?

Below is a comparison of average annual property insurance and property taxes for 5 states:Texas: average insurance: $2,536, property tax percentage of value: 1.68%New York: average insurance: $1,418, property tax percentage of value: 1.40%California: average insurance: $1,839, property tax percentage of value: 0.75%Nevada: average insurance: $1,144, property tax percentage of value: 0.59%Florida: average insurance: $2,207, property tax percentage of value: .91%To put these costs into perspective, below is a comparison of the annual cost for a $400,000 property.Texas: $2,536 + 1.68% x $400,000 ≈ $9,256New York: $1,418 + 1.40% x $400,000 ≈ $7,018California: $1,839 + .75% x $400,000 ≈ $4,839Nevada: $1,144 + .59% x $400,000 ≈ $3,504Florida: $2,207 + .91% x $400,000 ≈ $5,847Sources: Homeowners insurance, state average property taxesIndirect costs: Rent control is a hidden tax that may limit your ability to select the best tenant, remove a non-performing tenant, and increase rents enough to compensate for inflation.

@Mike DawsonBOI needs to know the owner of the entity so yes it’s you who has to file and provide your id if you own the LLCThe common misconception with Wyoming LLC’s is people think they are hidden it if you do real estate most forget that if you sell a property or get a loan, that document is recorded and your name is all over it - so it’s super simple to find out who owns it.