I currently have a propertyware account that supports 50 unites.  

Your friend could also get a secured credit card, which is basically a debit/credit card associated with a checking or savings account.

Is the annual inspection and warranty worth the price?

Martin is also putting on his annual summit in October on the 7th and 8th. https://www.biggerpockets.com/forums/521/topics/445883-san-francisco-bay-summit---oct-7-and-8-2017---join-the-reunion

Well for general considerations about whether to have an LLC for rental properties or not, check out-https://www.biggerpockets.com/renewsblog/2013/08/1...Read through the comments too as there's a lot of info in those too.One major comment would be, and an accountant or an entity specialist should bring this to your attention, is that rental properties and flips are two different things as far as taxes....passive income vs active income...and those should not be mixed under one LLC.

1 – Rental Return with Cash Purchase Purchase: 120k+Renovation: 35kAll-In Budget: 155kAll-In Budget: 155kMarket Rent: $1300/month% Towards Expenses: 30%Annual Cash on Cash Return: 7.04%2 – Re-Finance After RehabAppraised Value: 185k 75% LTV - $138,750Cash Still Invested - $16,2503 – Rental Return After Re-Fi Cash Still Invested - $16,250Market Rent - $1300/Month% Towards Expenses: 30%Annual Cash on Cash Return: 67.2%We’re very excited to break ground on this project and once we begin construction, we’ll be sure to update everyone on the progress.

What about lawn care/snow removal, pest control, legal, accounting, and other miscellaneous expenses.Are there other Rehab/repairs needed other than the ones mentioned?

I only just moved back and my [new] accountant is just sorting that out now.  

However, he did make some points that I took into account later.

Account Closed