I'm building my portfolio of SFRs in Houston area, and thought I had signed up with the best property management company in town.  

I figured that if the bank statements show rent payments and on the 1st day of each month, then that's pretty good sign for future on time rent payments. 

There seems to be some slight signs of life in Garland lately, hopefully by spring it's good again!

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

I have taken my real estate agent course work and plan to take the exam and sign on with a low cost broker to handle my own transactions.

Quote from @Trevor Davis: Hi Jamie,I'm glad to see another good review for Baselane, as I signed up for it this week. 

He was previously my teacher in high school, so I've had a relationship with him and I've signed a buyer's agreement with him.

It's a friend or family member and not a business, like a person, they would need to submit a proof of funds from one bank account with a signed letter saying they will provide the funds for the purchase of this address.

My main advice for avoiding liability is: (1) work with a great insurance broker to get comprehensive coverage; (2) avoid signing full recourse personal guarantees whenever possible; (3) max out your 401(k) or defined benefit plan with ERISA protection; and (4) strive to reach a point where you’re not personally involved in the business’s day-to-day operations.Disclaimer: While I’m a licensed attorney, I’m not your attorney.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.