At tax time, I arrange the box receipts by date.So with the three spreadsheets: HD, Lowes, Big Lots, and the pack of receipts all ordered by year, it's pretty easy to go through and figure out what you spent per month for which job on what property, which is ultimately what I wrote down in a list and send to my accountant.

now and the rest in 6 months and have you agent write that up.My very first deal was that arrangement but I sold it. 

It allows for better sleeping arrangements for multi generational travlers or otber such groups.

You can go the hard/private money route, but I'd be very hesitant to enter into a business arrangement with individuals who have little to no experience even managing their personal finances. 

Make sure you arrange to have the security deposits transferred, and you confirm with the tenants the amount of the security deposit.Are you planning on use the pm company? 

You can work out an equitable arrangement? 

Or, negotiate a new arrangement with you (i.e. amend the lease contract). 

The lease goes with the property, so if the lease says "$500 in rent until 2023" you are stuck with it, unless the tenant violates the lease or you can work out an arrangement with the tenant. 

How have others changed their lease language and arranged utility bill collection?

He is familiar with rentals in the area and has helped us quite a lot over the past 10-12 years, arranging our wedding and always been very helpful, he's a super nice guy and has been like a 2nd father to us.He offered to be a cosigner but after talking to my mortgage broker, she warned about having a non-family member fill this role.