I am currently looking at purchasing my first rental property there a single family 3 bed 2 bath .

Looking for some feedback on your East Side Cleveland rental business experience?

How do you keep track of insurances expirations, taxes dates, equity growth per house, rental growth in your area ? 

Recording all the information in the world on short term rentals isn’t going to help you if you get into long term rentals and vice versa.

Do I need a full year of rental history to prove to the bank that it can cover its own debt?

My initial plan was to purchase enough rentals to help offset some of the mortgage of my future home in LA.

I am having difficulty figuring out how to use the numbers here to see whether i cut my losses or proceed knowing some major capex work could be done after renovation, so hopefully no major expense in the near to medium term, and all the potential of the area in price growth and rental growth.  

Long term rental hold. 20+ years.In Texas, 2 story house with plywood upstairs. 

Hey Titus, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

Quote from @Matthew Banks: It shouldn't be that hard with five rentals.