One of the most important steps you can take as either a startup landlord or seasoned one is to use a platform specific to property management as it will elevate your operation and save you tons of time.The good news is that nearly every software designed for landlords includes these features.

One other disturbing thing, they send me a spreadsheet to dump my data in, then 2 weeks later we can use it. 2 Weeks, so we just stop operations for 2 weeks?

if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.

@Jenny Yu sorry to hear about your experience, we own and operate 51 units we own and manage for other clients in Jacksonville and Orlando.

That is a very dishonest way to operate your business, and will get you a bad reputation and lose you money.

I operate across the mid-south/mid-west.

Transparency and professionalism are core to how we operate, and we ensure all properties have clear, insurable titles before closing.

After getting the operators and the deal it is pretty passive.

If operating costs increase, then customers/tenants will eat the costs in tight markets.

I was conducting an extremely seasonal business and after 8 years of operation the business was insolvent.