@Mary Ciccarelli You actually do not need 2 QBO subscriptions to do the bookkeeping for all of your deals even if you have a separate partner on each one.

I didn’t even think to do that.

For property owners with out-of-state investments, is it necessary to keep all receipts and invoices for write-offs during tax season, even smaller jobs performed by the PM's handyman?

If she can afford your rent now she will not qualify for section 8 unless she loses her job or her hours get cut dramatically, and even then I think the process takes a while to get approved 

If you do not run numbers, you are shooting from the hip and your strategy is either fueled by "hope-ium", or your experience is so immense you know every input and return without running the numbers (but even the most experienced investors run their numbers).Here's the best advice I can give you: You can "run the numbers" until you are purple in the face, and you will never know what every single ACTUAL number is going to be before getting into a deal.

I even met my business partner on here who started as one of my realtor clients and we are now on our 2nd project together.

He mentioned having a second mortgage on the house (orig. purchased in 2014) and credit card debt and that’s why he needs to sell even though he says he really doesn’t want to.

That even though I'm borrowing through an LLC...essentially business to business.

Dymski isn't working, so I'll try this even though I don't think it will work.https://www.biggerpockets.com/users/miked75

In PR, understand the locals disposition to OOS investors, even those fluent in Spanish like yourself (or so I gather from Spanish language interview questions).No harm in beginning the interview process with both lender and agent today.