This would be a PITA for your guests.Then you also have to buy the encoder, software and keycards.

To be successful in a low income community you will need to be more hands on, network with neighbors, monitor for signs of neighborhood decline, etc.

My day job is in Software Application Development.My real estate background is very slim, as I only own one home - my primary residence.

While the internet can help locate and monitor a market it is a full time job to keep abreast of what is going on in the community.

The software vendor for our MLS system is Rapattoni , and I haven’t even been to the training class, just test driving at this point.My initial focus was to identify good flipping neighborhoods by looking for aggregations of MLS “consumer” sales/listings/pendings (not lender or short sales) in the past 9 mths throughout my broad target areas, in the exit price range I wanted to focus on initially (100-150K).

We also use a ton of technology to monitor and track jobs as well as speed up processes that can get slowed down by having so many deals going at one time.

If you are not using some sort of bookkeeping software, then you should get each property its own bank account, so that expenses and income for each are trackable within that single bank account for any single property.With bookkeeping software, the software allows for other methods to track, so not as necessary there.

(Nolo is the brand name, easy to find on Google) They have several books on LLCs including Software to create an LLC Opperating agreement.

Seller has signed agreement with Dept of Ecology to monitor 10 test wells - 5 are 2X a year while 5 are 1X a year until 2017.

What software do you use (and expect me to use) to do our accounting?