As you would expect greedy landlords have started to over value property and there have been some major demographic shifts.

The recent shift we have seen however has been that now instead of the majority of properties being sold from $20mill+, now the investments are being made in the $5-10mill range and turned into rental properties.

I put everything into the P&L in expense accounts until the end of the year, then I do a journal entry to shift all the necessary items over to the balance sheet before tax time.I used buildium for quite a while to manage tenants and gave their finance tools a try but found I was simply more comfortable with quickbooks.

Shifting focus just a bit.. what site do you recommend that we go to for hard money funding.. or ONe day dough, so to speak?

I think perhaps on an isolated basis none of these things add up to a concern and it is business as normal but I believe when all tossed in the mix together a large market shift can occur which then will then create the downward pressure on values.

Work it like a juggling act shifting two colors of money to use more and more of the LLC’s assets and income as they develop for loan qualifying, as the LLC assets build that should become easier not requiring personal assets.

I'm presently operating as a property manager, but shifting towards wholesaling and lease options.

Doormen were down to one per shift and they only worked two shifts, no overnight and they were low paid contractors.

@Daniel Paloscio ,To Make the @ work do the following:Hold down the shift key and type the following: @?

I don't know many people who like to sleep in a house with no beds after working a 12 hours night shift.