Location is a feature in QBO similar to class, with one limitation, it is available at header level only, which means you are allowed to assign one location only in each transaction.

Does failure destroy your reputation and your credit" - Depends on the level of failure, if you get foreclosed on or have to declare bankruptcy then it is going to ruin your credit.

I think it all comes down to your comfort level on what you'd like to do.

Good info. for new and seasoned investors alike, with the latter may be looking for new markets to move into (especially if you're in CA, CO, TX, or NY). 

Two entities own a combined 20 properties, one of the entities is a Hawaii LLC and our CPA has proposed $5,500 for this entity that only holds two luxury residential properties (3 rental units),  the CPA has also proposed $2700 for our personal returns.Consulting, as needed, will be billed hourly at $250-$400/hour depending on level of expertise required.This seems very high to me, if anyone has a referral for a good CPA that can handle mostly real estate investments tax returns in multiple states please let me know.Thanks Mike

You cannot always count on bank employees sitting behind cubicles, snoozing, and not doing their jobs.

@Joshua Kaufman Your original referral agreement is not valid, since it has to be signed by the Broker for the brokerage co.  

Biggest hurdle is the documentation/ forms the lender needs for 203k super easy to do (I’ll even help) but not difficult for people who have high school level clerical skills.

I hear household debt/income ratios are at highest level ever and higher than the US – still no softening.

anyone familiar with the market down in Pueblo Colorado?