I've never needed to do it and Florida may be different, but one party opens the escrow account, terms are agreed upon by both parties, funds are deposited, and escrows sends you the agreed upon amount every month. 

Another big part is just to officially have a business entity to help separate personal and business finances in an official manner.We will do a quit claim deed in the future to transfer the title into the LLC. 

I remember last year I hosted a birthday party and he knew about half the guests just because he did work for them. 3.

It's not just about the numbers – it's about creating win-win scenarios where both parties can sleep well at night.3 principles I've learned after 4 years in real estate investing:1) Transparency builds trust. 

Congrats on becoming a landlord, welcome to the "party"!

When a tenant moves out, I want to fix the unit ASAP and rent it again; not wait for a 3rd party to review it and then tell me what they will and will not cover.

You get to rent to professionals who are less likely to trash your property, you get to charge a higher rent than long term, and you're being paid by large, 3rd party companies that are extremely unlikely to not pay rent.

This is also why two parties go to court or arbitration, they differ in their interpretation of typically very clear language in the contract and one or the other doesn’t want to honor it.

If the agent of the corporation signs the lease, do you have the actual tenant as an additional party on the lease?

Join the party!