But I suggest this to people with bank accounts too. lots of bank accounts now have built in budgeting elements where you can create categories so you can track your spending. 

If you as a landlord thing you have the ability to change the lifestyle habits of your tenants, you've got a whole lot of hurt coming your way.

Chris I do flips and have been looking st rentals in CH but have passed on rental deals - just from lack of knowing speed/ability to rent.What was your experience like finding tenants?

The insurance company told us that this is the first time they have seen a bill from the fire department of the same city as the property.Fire Recovery USA called us, saying that since the insurance company is not paying for the invoice, the responsibility of this payment falls on us, and if we don't make this payment, they will send the invoice to collections!

The second breach of lease in the 12-month period you have the option to serve a 5-day curable notice or a 14-day non-curable notice stating they have to move out.On a lease greater than 12-months, you need to provide a 30-day notice to pay or quit, and if memory serves me correctly, you have to do this every time rather than being able to serve the 14-day on the second failure to pay as stated above.If you are using the Wisconsin Legal Blank lease, you will need to add language manually to accommodate for the ability to serve 5-day notices on leases greater than 12-months. 

If you want to be a successful Real Estate Investor, saving couple thousand (or less actually) on taxes when you begin made hamper your abilities to scale rentals in the future.

My current solution would be to allow the person responsible for said function to have the ability to override a group consensus. 

Partner with another investor, someone with money but little time, and use your deal finding abilities to bring deals to the table3.

Price points, amount/level of rehab, and the investors individual abilities, skills, and capital make a big difference.

This could hurt your ability to get loans in the future.