I own 5 properties in Topeka, KS. 4 are rentals managed by a company there, and 1 is a Contract for Deed.

Hi, I have about 13 rental properties likely 14 by end of the summer. 

So I've been looking to purchase a rental since the beginning of this year, but I've run into a couple obstacles.

I can’t run a background check… And what about the rental agreement?

Hey Joe I own Vacation Rentals of Florida, a local STR PM Company.  

I would be happy to speak to the potential tax / cost seg benefit..If you are going for the STR strategy, you will want to make sure that the average stay of your rental is less than 7 days.

I have a question here regarding wither or not I should open LLCs and or a holding company for my upcoming scaling of my rental property portfolio. 

In my experience the basics for a functional RE based CRM are:Custom Fields for Data Objects (Leads, Prospects, Applications, Buildings, Units, etc...)A Screening Engine (background/credit checks, employment verification, etc)Online Rental Application (this should automatically run the application through screening)Ability to mass email/sms leads and tenants to provide informationSurveys/Inspection formsI've been building real estate CRM tools for years.

While I only have one LLC right now, I plan to expand to multiple LLCs (one for each property).Here’s where I need your help: How should I set up my account to reflect all the real estate activities like rental income, expenses, and distributions?

Currently, my focus is on wholesaling, house hacking, and single-family rentals as well as trying to learn as much information as I possibly can.