Hi, Jaycee The deal makes sense for me after accounting for all expenses including vacancy, cap ex, and repairs.

Ultimately, consulting with a real estate focused accountant is the move here, but this should be a helpful primer.

@Tar-U-Way BrightYou can use the LLC to set up business bank accounts and business credit cards.

If I scale to a point where I no longer have time and have to outsource, that line item is already accounted for and the property will still be profitable.  

I think some hosts would account for the cost of purchasing good quality bottled water as well, which is why the Brita water pitcher is popular. 

There's a 2nd account with 5 payments total and 3 of those were late.

I also asked if there was accounting I could see that shows my share of the equity as a whole? 

Your bank account will thank you!"

The remaining 50K in my account?

I currently use rentredi and am disappointed in it, I want to switch to STRESSA but find they collect rents into their bank account.Has anyone used RENTREDI accounting software, they want $100.00 per month which i find exesssive.