Please note, this LCAM will be employed by the existing property manager.Would appreciate any feedback, suggestions, or interested candidates!

If you are already using QuickBooks, it should be fairly simple to include both the expenses paid by you directly and those paid by the PM.

@Bob Stevens, what is your suggestion for anyone to learn repair costs, ARV, etc?  

When that time comes, i would suggest getting one lease from all the tenants in there so the whole home is leased to all of them instead of trying to produce multiple leases for the property. 

However I did some research myself on crime rates, and from 3 different sites, they all suggest that crime is rather high in that area:https://www.neighborhoodscout.com/tn/memphis/crimehttps://crimegrade.org/safest-places-in-memphis-tn/https://www.memphisdailynews.com/CrimeReport.aspxChecking city-data.com, the average salary for that median household income is around 39k.Also, the property value is listed at 145k, which seems like it is on the lower end.

Simple is better.

They may suggest properties to you, offer insightful market analysis, and even put you in touch with other local experts.Make contact with nearby lenders who have dealt with real estate investors in the past.

I would keep it simple.

I'm thinking to get HELOC loan and was wondering if you have any suggestions on good lenders.

This issue suggests possible foundation settlement or movement of foundation posts and/or beams, which could be indicative of significant structural issues.2.