Your number one risk is finding and keeping a good contractor team. 

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We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.

Keep this ***** growing, you'll stay busy and you'll own some of the best stuff you can in that monetary range.

Keep ~$50,000 in cash available. 

Keep it chill and straightforward.

It's best to use the same paint brand/color/sheen as much as possible so you can keep leftover for touchup.Light fixtures: Make sure they have easy-to-replace bulbs and are bright enough for the space.

They wash up great, don't lint after the first couple washes and hold up really well.We have towels that are 5 years old still in the rotation and still look and work great.I will say that washing towels to keep them nice takes a slightly different tack.

For property owners with out-of-state investments, is it necessary to keep all receipts and invoices for write-offs during tax season, even smaller jobs performed by the PM's handyman?