-PatrickA high yield savings account has a number of advantages.

We always give a 60-day non-renewal when they are an annual tenant.

Housing agencies have an annual budget and issue vouchers based on that budget. 

I don't like the returns but we use regular savings accounts. 

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

@Mike Terry sounds like a pretty good argument to go after the property, I think your question is more along how to value it, and account for the deferred maintenance. 

I think the LLC also makes it easier to open a local bank account, which is convenient to pay utilities or other local bills or your property manager, etc.  

The taxes are higher, the properties are older, however we account for those issues.

Here’s a quick breakdown of our financials:Operational expenses (excluding mortgage): $33k (Jan-Dec 2024)Annual mortgage payments: $58kTotal needed to break even: $91k+Income earned this year: $80kClearly, we need to bridge a gap of about $11k just to cover our expenses, and I’m exploring options to increase profitability.

This absolutely sucks, they should be held accountable.