I believe this helps reduce headaches for my Investors as well as myself.  

QuickBooksQuickBooks can be a good option for tracking the financial aspects of your deals, such as downpayment, funding sources, mortgage details, and cash flow.Pros:Widely used, with robust reporting features.Can track both income and expenses, making it easier to manage the financial health of your properties.Offers integrations with banks and lending institutions for easier transaction tracking.Cons:There might be a learning curve if you're not familiar with accounting software.May require customization or additional apps to track all the specific real estate details you mentioned.3.

Some of the problems are that the wire can become brittle, the insulation wears off over time, the porcelain insulators may be broken, it is ungrounded and all the splices and additions to the circuitry is more of a load than these old systems were ever supposed to carry.

Yes, failure to observe corporate formalities can lead to piercing the corporate veil, but if it was only obeying you, then you can be sued in your own right, in addition to the corporate entity.Then there’s the question of umbrella insurance.

Additionally, considering the average cap rate in the area could give you a better idea of whether this property is a good investment compared to others in the same area.

I'd let the property management company know that your insurance company denied the claim you filed and have them contact their property management insurance (E &O) in addition to sending you the contact information to their insurance agent's name, contact information, and policy number. 

There's $209,000 in debt there in addition to the mortgage on an $850,000 primary home.

That being said, if you have 20 properties you want to see it might be nice to send them a gas card (broker permitting) in addition to their commission.

Feel free to DM me if you have any additional questions. 

Something we are currently cautious of is since this would be our first tenant, we are taking on an additional amount of risk due to credit & background would be unknown.