My parents live there and I was browsing around but couldn't find any info.

It does not have the bells and whistles of the paid services, but it allows us to interface with our tenants the way we want to and manage our accounting and maintenance requests at a level that was not available (or user-friendly enough) from any of the 3rd part vendors I've reviewed.From the various online software we've demo'd within the past year, we were close to going with Buildium or RentecDirect but ultimately decided something proprietary would serve us better long-term.

I've already browsed BP and from what I understood there is nothing you can do , and no money to be made, other than a short sale.

How do you like the Cozy interface?

Its a slick interface where you can invest based on your beliefs; ie "Clean & Green", or "Robots Rising", they even have a index for REITs.  

The link @Steve Babiakposted has pretty much all the info you need but if you want the primary source it looks like an "unofficial" version is § 250.511a and § 250.511b at https://govt.westlaw.com/pac/Browse/Home/Pennsylva...One idea I don't think was posted yet, that I might do if I was in your state, is to get a separate CHECKING account and use it just to hold the security deposits.As for the # of accounts, I'd say match your operating account(s) - if you have one operating checking account per property then have one security deposit checking account per property.

@Tom Keith Waveapps is free (although it does provide a cheap monthly subscription for additional services) and the interface is more intuitive in my opinion.

When I've found it to be true that many "big time" buyers don't look, but let deals to come to them.They have enough connections that they simply don't have a need to browse Craigslist, look at the newspaper classifieds, give their email to join buyers lists or even attend REIA meetings.

Browsing through the forums, I see people have been investing in other places (like Memphis, Kansas City, Indianapolis, Atlanta, Ohio, Texas), but I have not done enough research to feel comfortable putting my money there yet.The proximity of Las Vegas to LA is a plus for me.

And this is fair; it doesn't make much sense for the public to walk in and flip through files the way you'd browse the bookshelves at a library.