I've actually been promoted at work to include Business Development and have been put in charge of marketing.

Ideally my brother and I would buy the property together and form an LLC and run as a business.However, my wife doesn't want to enter a "business" relationship with my brother, but instead suggests that we purchase the properties individually (since they are both on seperate deeds).

There also no income tax, reasonable property tax, and I also have a very bullish outlook on the Jax market due to the new development projects currently underway and the planned Shad Khan shipyard/entertainment district. 

Ideally, it would send out reminders and also allow the payments to be exported into an accounting program.I see from the forums there are ones for US banks, and i was wondering if there is something similar for Canadian ones.Thanks

Mike, did you have your attorney develop your forms or were they templates that you revised for your own use?

Your ideal strategy is to follow my directions in this post.  

Austin like other markets has much to offer but you need to know what flavors you want.Anywhere close to Austin proper is very competitive and not ideal for cash flow.

Ideally markets that are not already overpriced. 

As you learn more and develop your goals, it'll become more apparent if you need one.

Owner financing could be ideal, and if she is currently taking a loss, just giving her some positive cash flow a month would be a big improvement.