Then if it grows and an opportunity presents itself in real estate then I may consider pulling the trigger on a new deal.

Thank you.Once you get a good foundation and you are financially ready to buy a property, pull the trigger on a solid deal. 

The inefficiency of this system makes it risky to rent to tenants without stringent screening processes.Consequently, I have had to adopt extremely strict criteria when selecting tenants.

On August 31st, you wrote:> I've been using Baselane for rent collection for about 6 months now, and I've been extremely satisfied with it.

If you want another layer of protection get an umbrella policy.You don't want to trigger the due on sale clause for a likely low interest mortgage.Also if you aren't operating your LLC 100% you likely only have a false sense of security. 

I’ll sell to anyone with the down payment but most people don’t seem to have it.I guess I’m different in that regard I usually ask for 10% down.Every house I have sold in need of repairs they have fixed upI ask them how much they did it for or how they did it, their cost is 25%-50% my cost because they get the labor part for free from their community or themselvesThey are more community oriented than us white folk and really lend a hand to each otherI guess where this may be predatory is offering extremely low down payments which would also open up the buyer pool

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Limited supply of an extremely useful technology = DEMAND.

Congrats on pulling the trigger on this.

I would be extremely cautious of this company and anything started by this family.