I use things like Venmo, CashApp and Meta Pay(facebook) to collect the payments from my tenants who want to use electronic banking.

I have about $150k cash on hand as well as I am planning to get a construction loan to cover the remaining cost of a duplex.

One tenant is month to month, paying $2000/ month and the second tenant has a lease till next Feb 2025 at $1700/ month.

My eventual plan is to scale - do most have a single financial LLC with its own checking account and each rental LLC finances go through that one?

If the landlord does win the lawsuit for damages, the tenant may simply not pay it.

Hi Everyone,I am doing some research and planning on buying a rental property next year (I am currently saving for my wedding).

I have enough in savings to pay for it but I keep asking myself should i just sell it and get it off my plate and lose the low interest rate or bite the bullet and do a big rehab and continue renting it out.

You may want to request the construction drawings / plans for the utilities that were installed to help better understand their impact to your property. 

They are going to write up a field estimate and are willing to (usually) pay you (the homeowner) or your preferred Contractor that money for the repair.  

Did everything go according to plan, or did you encounter every possible turn of events?