Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

If you want to pass on benefits a renter will appreciate, buy a condo or townhouse with community amenities and included utilities.

Many include videos teaching you how to use them.

My estimated monthly expenses including taxes and insurance will be somewhere around $6,300 so I will no doubt have to raise rent significantly to pay the bills but I am thinking about raising them to bring in at least $7,000/mo for now and then make more subtle rent increases over the next year or two unless I have a turnover. 

The capital gain would be reported on your return and you'd be responsible for paying it. 

That expert should also be engaged to review any inspection report you obtain, to ID potential issues.PM us if you'd like the Neighborhood info.

Linda  I dont bother, most of these including mortgages are wiped out when tax deed issued as long as county does proper notifications.

House values in the area have increased about 5% the past year and the Greenville area and surrounding areas are rapidly growing.The monthly expenses (including utilities and 5% for repairs and 5% maintenance) come out to $2,291.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

Wouldn’t mind having some higher limits as Redfin/Zillow doesn’t report much good for 1M.Maybe that means I need to get something that needs more work.