Also my cash from the sale has been sitting in a 5% money market.

Side question: How can you help ensure a good, timely, mistake free lending process? 

@Kylie GersteinAssisted living is a huge cash cow from what I understand - meaning I would think that market segment would be very interested in your property - especially as a rental. 

The only thing I need to play around with in Buildium is running financial reports and customizing them so for instance I could run an EBITDA, or a cash flow statement without depreciation figured in etc.  

Background:Miami-Dade Condo property.I am a first-time seller.No mortgages or loans on my property.Standard Florida Realtors Association / Florida Bar AS IS Purchase Contract.Buyer in default on various provisions and must proceed to purchase as a cash purchase, per contract, so there should be no financing related title charge son my end.I am looking for a flat fee or low-cost title company to assist me with the seller side of the closing and coordinate with the buyer's title company.

Even still, rates may be lower if the cash-flow exceeds 1.40+.

We usually bill our owner's via cash rather than accrual (IE our July owners statement for an owner has their July revenue minus expenses paid in July) but the owners get confused when the cleans don't line up to the stays, so had to train our bookkeeper to include the July cleans on the July statement even though that invoice was paid in August, which is different than how all the non-cleaner invoices are handled.

Hi there - first time poster (and can't figure out how to search the forums yet!) . What online tool (eg LegalZoom etc) are you using to form your LLCs for your short term rental?

I own them free and clear.I have contacted traditional lendor for a loan but looks like they can't close in time.

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