I am a licensed mechanical contractor and ran a commercial service company for around ten years, but never messed with new construction in that business.

They auto list on all major rental sites, they provide tenant screening, payments online, communication via the software, insurance, etc.

If you're able to scale and take that mechanism to buy 3-5 quality houses, you may be able to sell 1 to pay off the others and just make nothing but cash(outside of taxes, insurance, property management).

It's like when a bank requires a co-signer for you to get an auto loan.

Well because you can't count sheer dumb luck single deals as "free information helped me". ) then the effectiveness of "free information on YouTube is:(500,000/17,000,000)*100 = 3%Now let me give you some perspective.In the world of mechanical engineering.. let's say electric AC motors, efficiency numbers are around 95%.

Renovation of fixtures and cosmetics without mechanicals about half that amount.

Run the payments through any automatic money handling source.Escrow account, checking account, auto deposits work great.

"Beefy" Operating Agreements are generally needed if your entity has non-married partners or if you are using an LLC as a wealth transfer mechanism.

Quote from @Clinton Davis: Tenant should contact his auto insurance provider.

We recommend removing mechanicals until tenant MoveIn.