I wouldn't go crazy with an accounting software but instead use excel.The other items likely paid for you outside of the PM company are mortgage interest, taxes, insurance, travel to the property, etc.Best of luck.

If someone recalls payment fraudulently through an online software, then we move to certified funds only for rent immediately.

As those savings rates begin to come down, mortgage rates should also, and the number of properties that will cash flow will hopefully increase.  

Moving forward we are exploring possibly combing households due to the large size of the property and the difficulty of upkeep but there are several questions/ issues that need to be addressed so it does not put either of us in a compromised position.When her husband died a friend paid off her mortgage due to it going into foreclosure ( 210k total).

Getting this information online will result in guesses, making risk in this situation.Good Luck!

Most do not realize the moment they get financing the mortgage/deed of trust is recorded and you cannot sign it "anonymous" or if you use power of attorney, you need to record the power of attorney and you cannot sign that "anonymous".I am curious, why do people want to remain anonymous?

I am in the process of moving to FL where I have 2 short term rentals. both with mortgages on and the new Primary will also have a mortgage.

After digging alot I found out Yellowfin has been suing to recover 2nd mortgage defaults from 2007-2009 housing crisis.

@Bryan Schmidt It sounds like you will need a construction loan to fund the improvements even if the seller were to offer you a second position mortgage for 20-30% of the purchase price.

Hello investors, I'm a first-time landlord who lives out of state and seeking advice.During pandemic, I purchased a rental property near Austin for around $380k with 25% down and a low interest 30yr mortgage.