So remember, for legal and tax planning, a good CPA will recommend that clients hold their properties in an LLC or Limited Partnership and run their businesses as S Corporations to avoid self-employment taxes.

I did some real-estate work in NY for banking clients and I was shocked by how different the law and customs were between the two states.CPAs have it a bit easier since they mainly focus on Federal Taxes (which is uniform).

Some clients keep it in a savings account, others use their investment brokerage accounts as a cash management account and pay from there.

I used to do it for most clients (bigger ones excluded) unless I had access to an operating account of some type for them. 

I’m always looking for contractors for my clients as well. 

Take a tour of some assisted living retirement facilities and see how they have set up apartments that meet the needs of people who are aging and/or have disabilities.Seek advice from your local disability service organizations and agencies that serve seniors.

In Ontario when we serve a delinquent tenant an eviction notice we are required to put our Home Addeess...so the Tribunal (kangaroo court) can mail me a copy.

@Ryan Ingram,  REI Guard or I think they are now called NREIG is a referral based structure with the Agent having little to do with the process except referring the client. 

What I wrote above does not create an attorney/client relationship between us.

Hi,I had this question in my mind always whether I should serve the legal notice every time tenants late with rental fees.