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.

These situations are unfortunately not uncommon. 

Here are a few questions I have:Second Position Loans: Has anyone successfully obtained a second mortgage in a similar situation?

Account Closed, You can combine multiple 1031 exchanges into the purchase of a larger property. 

I am not saying this the approach that should be used, just saying there are a few levers that can be adjusted depending on what your overall goal and financial situation is.

Hi Tom, This is a unique situation - some lenders may allow this as a departing residence excluded from the debt to income ratio. 

The funding situation seems somewhat odd to me, but I don't know how it works normally either.

You don't want this to turn into a stressful situation where someone feels taken advantage of.When you dial in to a particular area come back and post again.

Something in every house breaks in the first three months that costs $5,000 so if you are making $150/month, you just crapped your cash flow for multiple years.

Situated on 5 acres in Linden, MI, the property offered a single-family home with a pole barn, promising versatility and market appeal.