I’ve been completely priced & property taxed out of DFW plus I hate the traffic & drive an hour everywhere lifestyle & heat so I’m moving to Tulsa where I can buy multiple properties cash & everything actually cash flows well.

I have multiple years of technical training and a decade of experience, but the company obviously does not value that.

You can allocate expenses to multiple properties by allocating a portion of the expense to each property.

From my perspective, you should have no reason to question the ethical, moral, or legal act of your decision to receive prepayment of rent. 

Yes that needs to be explained to all parties and can be handled in multiple ways.

Thanks for the perspective Chinmay.

It's curious how, depending on your perspective, some of the cons could be considered pros.  

I work with those who have multiple commercial real estate schedules as well.

Listen to the feedback you're getting.I know the neighborhood well, I currently have a rental right between both of your properties, I've done multiple deals in that neighborhood.

At the strong recommendation of multiple folks on here and my accountant I bought QuickBooks.