., each with their own Apt. 1, 2, 3, etc. identifier on Line 2 of their addresses.

Thank you Julie Marquez - that is what I have been reading online as well that there doesn't seem to be any tax impacts, but I will definitely check with an attorney.Mike

A lot of what i've read online says the IRS will look at some LLC's as a "disregard entity" if they don't follow certain steps and rules.

The banks here are little outdated in terms of technology but the service is good.I have accounts at BofA, Chase, and Wells Fargo and still use them regularly solely online.

Accounting too so when someone calls and you are looking at the property info to answer questions your cost basis is right there too.You can print checks and deposit slips that link to your accounting so you are not making multiple entries of the same transaction.Buyers can have their own website to log in and see their payments, contracts, parcel map etc files as well as pay online.

The reason is not that there are no tenants looking, but rather: A new building is an unknown to tenants, so there are no reviews online and the amenities are a question mark; andDuring interim occupancy, which is when most investors put their units up for lease, the common areas are not yet finished, and construction activities are still taking place in the building; andThere is usually a flood of units hitting the market for rent in a new building, so anyone who choose some nicer upgrades or colours, or who has a better layout, will lease first. 6 - Transportation Anyone noticed that with each year that goes by, it takes a little longer to get around the City?

We bought QuickBooks online to make the whole thing easier yet - especially for taxes.

This sounds like you may have been scammed by someone renting out someone else's unit. they take the first months rent and security deposit and run before they get caught. you may want to go down to the courthouse (or online depending on your county) and find out who the owner is and contact them if you are unable to reach the PM or whoever rented you the unit.

I researched online, got referrals, looked at rentals currently under management, did my due diligence, and this was the end result.

@Annie Thompson  I think one of the main functions of the site is to compare actual product side by side and compare cities and see what kinds of returns.. are out their from the providers that post their inventory  its real inventory that can be bought and you don't need to go to a squeeze page to get the super secret inventory lists LOL..I would not base a buy decision solely on  online reviews..