Easiest way is making sure everyone on your team is on the same page.

I know it will cost money, but the time they will save you, and they will get it done correctly.Good LuckGino

There are upgrades to the service that cost additional money.

If you claim these capital expenses as maintenance/repair it looks as if you are making LESS on the property.

And someone jumping into this as a complete newbie can expect that they have a decent chance of making some expensive newbie mistakes.

It is a legitimate way for them to make money off of inexperienced investors.

I agree with you to put a clause in for the specific tenants, I wouldn't make it mutual, I would make it at the landlord's discretion, and require a background check submitted for any occupants over 18 years of age.5.

You can have both accounts for a period of time until you move everything over, then you can close your Wells Fargo accounts.Frankly, Wells Fargo has been a frustration... they won't allow mobile deposit over $2,500 and you can't send a wire transfer online for over $10K -  they make you go to the branch (what a joke!!!). 

I know I could use HML to do deals and likely make marginal more money, but I chose the JV route.

How can I design or propose these apartments to meet this requirement while making them functional for long-term residents?