My business partner and I just received confirmation of financing on a deal as part of it we have to come up with $50k PML for the down payment.

The home is listed at 60k, and I would be responsible for the moving etc.Called the agent and he confirmed what I thought.

It’s administered through the property management software that we use, PropertyWare.

I also got confirmation from a local management company.

Hello,I just wanted to know if to know if it's possible to own an LLC that offers a combination of services residential ( rentals) as well as consulting such as software consulting service so that everything is under one umbrella.Thanks

I just picked up J Scott's book on estimating rehab costs, and I believe there is some bonus content there too which I'll check out.Certainly isn't a need, but just thought I check the forums in case someone has come across something that they really like that we could all benefit from.Thanks all.BrentThere really is no software to do this with.

Do your due diligence to confirm all your assumptions because if even one of them is wrong, it could throw the numbers off.Are you inheriting tenants?

Reach out.Best RegardsThe need for counsel is becoming clearer and clearer to me as im learning more and more.I thought so too, just really needed some confirmation on that, silly as it seems to some.

@Natalie Kolodij confirm?

As Mr Brandon Turner mentioned in his book on "Managing Rental Property", we always require our tenants to pay deposit and first month's rent before or during lease signing via confirmed payment such as demand draft or cashiers check.Due to pandemic and to comply with our social distancing guidelines, we are planning to do e-sign this time and not meet if possible.