I am now summarizing the key points for managing rental properties to build my systems before launch ( I am strongly considering Rent-Redi software) but I am wondering how I would use this software for client's properties when collecting rent, holding deposits and the like.

Hey there,I am a business owner, located in Europe, and I am looking for a person who is just like me, a newbie investor, who has not invested yet, but has a lot of passion, drive and any business experience to invest (through syndication) in multifamily properties in USA (south, south east and south west).I have been involved in business ventures in the last 5+ years while working in various sectors, including marketing, aerospace and defense and e-learning.

Our long-term plan is to eventually move out, rent both units, and buy a house of our own.

General BackgroundNewbie investorNo credit available (poor credit and repo due to major health issue).Multiple tax years of returns due (nominal to no income)Unplanned ownership from inheritance and Florida Condo Collapse.Need to do a 1031 exchange and avoid capital gains while trying to invest in my own residential property.ScenarioI have a paid off condominium property located in Florida.

Thank you, I mean if one gets a loan to buy a home and rents it out so the renters can pay the mortgage while the investor keeps on buying homes but all are loans not purchased in cash, exactly when will the investor see a profit , seems like it will be a while.

Hoping for a creative solution, but doubtful.I have been renting the property and thus the reason I'm giving it several years rather than waiting the proverbial 1 year and 1 day.

Most people skimp on thinking about this and that's what ends up hurting them when it comes to renting them out.

Separately I have a non paying tenant I am evicting which will cost me c10 months rent but that is another story and buyer beware in dealing with NYC tenancy and housing laws - advice is hire a lawyer from day one of nonpayment.Two questions for the forum:1.

Being a KC guy I help a lot of Californai people invest here in multifamily and they come here for cash flow, landlord friendly laws, tenant laws, no rent control, lower property taxes, protection from style of governing.Hope that helps! 

Our current president is supposedly floating a policy idea of rent control to no more than 5% annually.