It markets our properties, screens our tenants, collects our rent, deposits it into our bank accounts, has full accounting and reporting features, has a tenant facing web portal & app where tenants can log in and report maintenance issues and see their account, etc, for $2/door/month - but they have a $45 minimum monthly fee... so up until you cross 22 doors it would be $45.

I'll see what they say and report back. 

Be aware of tax implications: rental income is taxed in the property’s state and reported on your California return, with deductions for travel, depreciation, and expenses.

I appreciated that they volunteered that I would not be required to go to them for repairs, but that they were there if I wanted.They are delivering it on Monday, December 11th, so I will report back with the verdict once it's up and running.

Always use a title report and escrow though.It's over paying on a creative finance transaction that tends to happen. 

I work extensively with foreign nationals so happy to connect if you have any questions!

@William J Anderson with anything, you'll probably want a summary/overview report and then another for a deep dive as needed.You'll want the summary report to be your go-to, preferrably showing month-by-month for comparison purposes. 

If you are sole member LLC you just take a distribution from your business account to your personal account.You are likely already reporting the income on a schedule E.

Today, the injunction was struck down. Register your corporations by Jan 13, 2025

(C)(1) If the parties dispute the disbursement of the earnest money and the purchase agreement contains the provision described in division (B) of this section, not later than the first day of September following the two year anniversary date of the deposit of the earnest money in the broker's account, the broker shall return the earnest money to the purchaser unless the parties provided the broker with written instructions or a notice of a court action as described in division (B) of this section.(2) If the broker cannot locate the purchaser at the time the disbursement is due, after providing the notice that division (E) of section 169.03 of the Revised Code requires, the broker shall report the earnest money as unclaimed funds to the director of commerce pursuant to section 169.03 of the Revised Code and remit all of the earnest money to the director.