These apps can then be integrated with QBO to ensure all expense receipts are accounted for and the proper journal entries posted.I would also recommend trying to set up your bank accounts in a way that prevents you from running business expenses through your personal accounts.

This is my first BRRR and would like to hear from experienced investors the proper way to handle the financing and title work for the property.I am buying this with a partner, who is a family member and in the LLC with me. 

If they are not out on time as agreed begin the process to evict, make sure you inform them it will be on their record.As far as the deposit is concerned you can charge for any material used to repair or bring back th eproperty to a proper appearance based on waht you know they did in regards to damage.

It is an asset protection vehicle if managed properly. 

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.I hope this basic guide helps.

You have the right as the owner of the property to send notice to properly maintain the property.

Every company is going to operate a bit differently and you want to ensure that you are comfortable with their operations as well as their style of communication.No company is perfect but a great company will provide great communication to owners and tenants alike and be proactive in refining their systems so when the inevitable hiccups occur there is a plan of action to make corrections and grow stronger over time. 

The last part of your question regarding building a JV with a friend ... just make sure you structure the JV properly and have ways to clearly protect yourself.  

I take exterior pictures of every door, window, etc.Inside the home, I take a picture from every corner of the room, ensuring it covers the entire floor and ceiling.

" In my view, it would only be by sheer coincidence that you are paid back properly using this document.The good news is you still have the Sub and Recon.