@Angelo LlamasAt the bare minimum, you should do the following to make your bookkeeping easier:- Dedicate one checking account and credit card exclusively to real estate.

Quote from @Ryan Hakes: @Jay Hinrichs Incidentally I heard about this from an ad on Facebook so came here for explanations and comments as the ad was clearly intentionally ambiguous and designed to put you into a marketing funnel.Incidentally, it's perfectly acceptable to write into an agreement that earnest money shall be due 3-5 banking days after acceptance which is enough time to use your end buyers non-refundable deposit (except for free/clear title).

I currently have 7 rentals units ( two three unit properties, an investment condo and a garage space) Currently I accept many forms of payment including Zelle, Venmo and paper checks.

And in my opinion both have their pros and cons and neither is superior to the other (and that's why I have both in my portfolio).Passive investments can be structured in virtually any way and usually they pass on the exact same tax benefits as direct (at least from the ones that I consider to be "acceptable").

I would not accept less than GROSS monthly income 3x rent because realistically they are not likely to keep up with paying rent.

Interestingly enough, the 'salesman' for Lindahl said he didn't think there was much they could teach us as my son had already had 2 LOI's accepted as well as my experience.

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I screen individual dogs (of any breed) with an in-person evaluation before accepting their owners as my tenants.  

Pleased to accept the recommendations of those more experienced than I and I thank you for your advice!

I made a low offer and it was accepted.