I currently use rentredi and am disappointed in it, I want to switch to STRESSA but find they collect rents into their bank account.Has anyone used RENTREDI accounting software, they want $100.00 per month which i find exesssive.

In the long run, Roth-style retirement accounts beat the Traditional retirement accounts.

You also have K-1s and overall management of the fund to account for.Thus the question I asked is, how do you make money and what is the exit strategy as when you go to sell these loans they will also sell at a discount. 

If I scale to a point where I no longer have time and have to outsource, that line item is already accounted for and the property will still be profitable.  

Your bank account will thank you!"

To replace your income you need to flip a lot of houses, I'd do the math with an average 10-15% profit margin, because you have to account for some turds.The other opportunity is to change your job and take out the element that you hate.

Hi, Jaycee The deal makes sense for me after accounting for all expenses including vacancy, cap ex, and repairs.

I recommend that you speak with a real estate accountant to see if you will benefit from a cost segregation first. 

I did find a CU that offers that product but they don't take into account the rental income from the other units.

I also asked if there was accounting I could see that shows my share of the equity as a whole?