Quote from @Jason Serrano: Is there a software you use to crunch these numbers?

I had downloaded all of the ledgers from the online portal .4 days after the relationship ended we started the process of auditing each property.

We have already done all the work from remodeling, furnishing to all the technical/software stuff.

Wondering if you have any particular online companies you recommend that checks evictions, credit reports, collects rents, provides a lease, etc... all in one place. what are some of the pros and cons you have experie...

Hi, Everyone,My name is Marc Bowman and I work with a short term vacation rental software company.

With property prices, rates, and available software platforms it seems to me self management right now is the only way to save on costs.

In your case, with a history of passing audits and having a CPA who is experienced in IRS representation, you're in a strong position should an audit occur.Regarding audit statistics, the IRS generally audits fewer than 0.5% of individual returns, with even lower rates for those earning under $1 million annually.

To solve this, I built a custom mobile app to handle rent payments and due dates because no other management software can handle the payment schedules or turnover.

The IRS requires a very detailed mileage log, so if you are ever audited, you run the risk of losing your mileage expense if you simply estimate.

Since then, I’ve been listening to BiggerPockets, On The Market, and Real Estate Rookie, and I’m currently reading The Multifamily Millionaire by Brandon Turner.A bit about myself:I'm a 31-year-old software engineer looking to become a long-term multifamily real estate investor (REI) and achieve FIRE (Financial Independence, Retire Early).