Expand Property Types- Multifamily Properties: Consider investing in multifamily properties like duplexes, triplexes, or apartment buildings.

The way I interpret it is, if you as the landlord pull a credit score of the applicant, you must then ask them why it is what it is...seems like this pertains to past evictions and other aspects as well...the ordinance does not clarify what type of 'additional information' and 'history' would categorically allow a landlord to reject a tenant's application

This makes tracking and managing funds much easier and keeps everything organized.As for the type of account, it doesn’t necessarily have to be a business account.

I work with a significant number of hotel entities, I can address this from a tax perspective, I'll leave the liability issues to the attorneys.The lessee / lessor entity structure can be used for a few different tax reasons:1) There is a REIT investor - in which case they can only have "Rental" type income, while hotel operations generates "Ordinary" income. 

Subsidized housing and different types of housing programs are also very common.

Is one type recommended over another ?

But almost every realtor who does provides a level of service much lower than a PM because they do not:- Properly document the condition of the property before tenants move in, which hurts the owner on the back end when there are damages.- Market the property as well as a PM company, which increases vacancy periods and costs the owner money.- Properly / thoroughly screen the tenants, which increases the likelihood of a bad tenant and damagesNow, it can be done, but if you aren't even sure of what the industry costs are for PM services, I highly doubt you are currently skilled enough in the area to risk doing it.

Depending on building types it could be one or 2x difference.

Not to be repetitive, but if you want a Tulum-type scene, they cannot be too small.

Does anyone have experience or advice on this type of arrangement?