i dont think he is looking at commercial or commercial rates just yet.you are correct in your statement, but those rates are 5yr balloon and amort at 15 + 1.5% fee. this kills any cashflor on any deal unless you stole the property.i think what he is asking is "need conventional mortgage (30yr) for a fifth". i did that many times. 100% of the banks offer 1 mortgage. 90% offer up to 4. aabout 15-20% offer between 5-10. about 1-5% offer more than 10 (in house loans).my advise is start calling banks. i mean ALL BANKS!

I just purchased my 5th rental and I am in need of some advise on how to set up books and track the basis of this house.

Please advise.  

I wish I had bought a multi as my first home, so I advise every young person to do that now.

Would you advise I simply put the properties in an LLC or utilize a land trust as well?

I call them back and schedule a showing....advise them that they will receive a reminder text or email, they must confirm a reminder link 2 hours prior to appointment.

Can you all please advise on the resources and methods you use to complete these tasks? 

Per Jon H advise it is always good to consult with a attorney. 

If you need any advise in the future as you investigate if they will do it, feel free to ask!

. - In a flip situation, I would take the need for new windows into account, but my realtor advises me that the state of the windows shouldn't be considered in the offer price for a rental property.