I'm currently shifting some of my assets into small single family homes in a part of the country where real estate is still pretty cheap. Each house will have roughly 25k in equity. My concern is that it's a huge hass...

But if you ask me what is the most important to have when acquiring multiple rental properties with multiple tenants, I would say that the number one priority is having a very strong insurance policy structure as your first line of defense for any unexpected/extraordinary events.

., multiple site visits on an anonymous basis), apply analytical stress testing to pro forma financials and avoid certain categories of properties altogether (Senior Housing, Oil & Gas, etc) to ensure that all underlying properties held by the respective DSTs are prudent investments for folks who are not experts in making risk assessments for these larger operations. 

You can always develop your own, buy why not take what has already been used multiple times and has been legally tested.  

We end up with a quick sale and often multiple offers in this scenario.This has caused me to look outside of the local area for residential multifamily properties. 

The basics of accounting will be enough to prepare your personal financial statement such as balance sheet and income statement.Especially, if you have multiple real estate properties, things can be complicated.

My lease wording: Rent shall start on Date and continue to Date after which time this Lease Agreement will become a month to month agreement unless this Lease Agreement is renewed for a specified period of time.I've read multiple forum posts on BP and there seems to be a few common options:1.

This would enable you to contact multiple agencies and have many agents helping you look for a possible renter.it is common for property managers to charge half a month's rent or a full month's rent leasing fee.

My wife is a stay at home mom and very hands on and very capable of managing the project. b)  I'm looking for deals around 75-100k, put 50k in them, and t hen sell for 175k-200k.b)  I have multiple small IRA but none of them by themselves large enough to do the entire deal. 

We are looking to buy multiple properties at a time and not sure what financing options there are.