Have you heard of Rent App and is that a good idea (instead of Venmo) and sufficient for tracking rent payments?

The idea of going through the whole real estate process again is not something we truly want to do.

I have over 50 doors but have basically done it the old way by saving up down payments etc. and buying extremely distressed and sweat equity Ing them back to life.

Some people purchase a property for cost segregation/accelerated depreciation purposes to save on their taxes.

As others said, you can fill in the blanks easily if you wish to move forward...but at least you can get an idea of what's going on with the property....

I live in Phx,az and recently friend of mine sold his bank (ex bank of america) literally as is and profiteed $300k  , he purchased it right out cash last year (I think) and it was in real bad shape in a shady part of town,  before him taking possession of the bank  homeless people where living inside it an using the bathroom anywhere in the building, he put maybe less than $5k in just cleaning it up and just a couple of days sold it.Basically the idea is to find super cheap homes in ****** conditions but the price is so cheap that you could still make profit by selling as is, investing as little as possible..

I have seen landlords manage from a distance and lose tens of thousands because they had no idea what was going on with their property. 

On paper this may look like an obvious solution, however, in practice it can cause more challenges (cost) than it saves for most situations.

I do work a full time Job in blue collar and save 3k a month.  

Helps me save money on my own housing and learn a ton about the business without burning through my cash on the first deal.