In most cases, you'll need both the security deposit and the first month's rent, AND in a lot of cases (lender specific), the lease will need to be supported by the 1007/appraisal (even though Fannie says "Or").

You will usually need a license to manage other rentals, if they are over a specific number. 

The concern he had and to be fair he said he needed to research it (i am just doing some of my own) was that since most of the work and hours will be conducted in LLC now and the LLC does not own the property would that create any issues with my ability to file a schedule C and claim depreciation and losses, etc?  

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Hopefully the end result here is more reasonable for those involved, but even more importantly I hope that other LLs recognize that this is a shot across the bow to start following the law more carefully.Matt, I would agree with that notion, but some of these issues are less than grossly one-sided in this case it was the deadly sin #4 that got him.Here is some detailed information from Atty Tristan Pettit's blog:The 10 Deadly Sins: 10 Provisions That Landlords Cannot Include in Their Wisconsin Residential Rental AgreementsPosted by Tristan R.

Did you encounter any issues with property management, tenants, or agents?

BP has been vital in making connections to learn not only with national people but with local investors in my area as well (no specific meetups though).

Can you recommend any specific groups or meetups that you've found valuable?

Hi everyone,I'm an OOS investor in the SF Bay Area looking at purchasing a SFR in the Huntsville AL area but trying to hone in on the specific neighborhoods that might make sense.

I tried to sign up with CI as a lender, and I find out that I have to go through the verification process, it seems they are working on the lender's scam issue.