TIAWe deal with this quite frequently in the Lehigh Valley as rent growth is far outpacing local income. 

With properties rented out and mortgages covered at minimum, I will be able to save 8k/month.First property I have a year long lease in place and that cash flows about $200/month (expenses $1450, income $1675).

The variables in your algorithm should take into account DOM, bid counts, MSA, O/O bid density.

Oddly, foreign national loans are very efficient as there is often limited income and employment verification. 

Due to the initial condition of the home, I had to get a construction insurance policy, pay a larger amount up front in an escrow account, and insurance is pulling monthly from that escrow account.

So having it in an account sitting would not be ideal for what I seek to do.Great question and happy investing!

Things I've got down to minimal effort or fully automated: * Rent, security deposit, and fee collection* Basic accounting and tax packet creation* Listing vacancies* Lease signing* Applications, credit, and background checksThings I'm still dealing with directly ad-hoc or don't have a well defined process or solution in place for:* Requests and communication with tenants* Finding and coordinating service providers for maintenance and repair work* Scheduling showings and getting prospective tenants to make their appointments* Tenant turnover for move in and out* Keeping up with legal changes and lease template updates* Setting rent amounts* Lease enforcement - tenants are responsible for things like yardwork, routinely get letters from the city about weeds / tall grass, etc.Questions for the group:* What am I missing if I were to make out a checklist of an "automated property"?

5. account for what you do - accounting, legal, compliance.

Our goal is to buy a property a year so I thought it was a good idea to open a LLP to manage said properties. recently we discussed this with an accountant and he said there weren’t tax benefits to this right now.  

Our tenants rent did not get deposited into our account.