Thanks so much for all the info.

We have a Wii in the kids bunk room and it gets used all the time.

I have just been including a photocopy of a deposit check made out to a local title company with all my offers presented through my realtor.

@Shaun Hunt believe what you really want to do is start a "Master LLC" that can function as a PMC.You would then sign management agreements between Master/PMC & property LLC's and have all income & expenses run through Master/PMC LLC, and only have to "settle up" annually with the property LLC(s).Check with a qualified tax professional.

Possibly locks, ensuring all the windows are closed, putting up no trespassing signs.

Beyond that, I am not sure if consolidating all banking to one financial institution is wise either.

Like are we talking about winning the lottery or landlords get sued for mold all the time?

If your purchase price (always the largest expense) plus the rehab estimate (the second largest) total no more than 70% of the ARV, the remaining 30% must cover your HML charges, agent commission, property and hazard insurance, property taxes, title insurance, escrow, staging, all else, and your profit.

Hey All!

I realize residential financing doesn't currently allow for this and pulling money out down the road could be more complex or strictly in the commercial lending realm.Any and all feedback is appreciated!