@Nupur Daruka - trying to put stated funded tenants into an HOA property is frequently a recipe for disaster.  

Hey BP,Currently a partner 50/50 and I have a dozen properties under one LLC.  

Currently working on a deal to buy a 140 room property that is right next to a major freeway, and hospital.

You can use property management software that does everything online.

Awesome, congrats on the first rental property! 

Also site like furnished finder will have active comps you can look at and comps out. or use airbnb search with 30 days+ or more to see the active comps. it will be close or less than the active comps abit

How many property will you need?

Today, the property is worth $95k and I find it very difficult to do a cash refi or HELOC to purchase other properties because it’s in an LLC.  

I have an opportunity to purchase an off market deal on a property in MD. 

If you are doing your part and really looking at the property and dug in deep on the underwriting, you should be good to go.