The tenants pay one application fee and can use that same application for as many rentals as they want for up to 30 days. 

Applicants are in mid- to late 20s. 

Any reasonable Property Management software will help you keep track of all these regardless of what bank you use.

Hire a property manager

Third, tenancies in room hack situations are very hard to manage.

A Pro membership gives you the tools and resources you need to start, scale or manage your portfolio.

.- He recently inherited a 3-bedroom single-family home in Fremont, CA, valued around $1 million, currently rented out for $4,000/month.Alex's main concerns are balancing his full-time job with the demands of real estate investment, managing cash flow effectively, and understanding the potential tax benefits.- What investment strategies should he consider?

So that's the real math.Even though you don't have room in your budget for property management services, I'd be happy to help you if possible. 

This deal highlighted our strategy of cost-effective renovations, quick execution, and efficient project management.

But that makes me wonder if no tax on earnings (for 10-yr investment) is applicable only at federal level.Anyways, thanks for clarifying the state return requirements.