If I were to open up a separate real estate bank account, I would then have to add funds consistently from my W-9 job - which in my opinion begins to blur these two accounts together anyways.Should I still open up a separate account for this first house hack, or wait until I buy the 2nd property, which would provide consistent cash flow that will go directly into that account?

It's possible the deceased father agreed to let her manage the property and keep the rent net for her troubles, but the title/ownership remains in him so his heirs would inherit it as a legacy.I suggest your friend familiarize himself with the statute of frauds which I believe requires agreements regarding real estate be in writing to be enforceable.

If it’s a safety issue, I’ll of course make sure the premises are as safe as they were before any required maintenance was done, but she is now suggesting that if I don’t reimburse her for those specific anchors, I am violating fair housing laws for familial status and/or tenants rights regarding not incurring costs for required repairs.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I think given these factors you have not done a good job analyzing the property and should consider practicing more and analyzing a lot before buying the next property.

I heard the below manager does a good job however I haven't used them before, so take that with a grain of salt.https://parasoleproperties.com/If you'd like to connect over investing in this area let me know!

Looking forward to any and all suggestions and advice!

We're far from perfect, but we cringe at how some of our local competitors operate and have a mission to prove how we take our responsibilities seriously.May we make a suggestion to save yourself time?

My condo is located near a university and apartments in that area cater to student population.
Condo has been on the market for 14 days. No leads so far.This is summer where most of the students are either off on hol...

I am an engineer with a full time job, but plan on continuing to purchase rent ready properties to slowly build wealth.