Are you planning to buy more properties?

The letter also states the total non-rent items currently owed by the tenant, such as accumulated late fees or repair charges.Also very important, the tenant states they have no unresolved issues with their current landlord, except as listed in a space provided, and they have no current plans to cancel their lease under the Service Members Civil Relief Act or for any other reason. 

.: @Srikanth Kumarjust curious how you plan to manage a BRRRR from out of state. 

What to do with the equity in this property will depend on what your personal finance plan says about your asset allocation. 

I use the TX bookkeeper @Chris Seveney is referring to for my main entity, but I use WaveApps for all my other entities, and they have a free plan, and also a wizard that can help you set up your chart of accounts. 

We plan to scale to 20-30 properties by end of year and was wondering if there's a better platform out there. 

When considering a vacation rental property, it’s essential to have a backup plan and understand the numbers for annual leasing.

What is it that you plan to do that is so massively dangerous? 

I've come up with a plan though.

My plan is to add 2 - 6 shipping container type of small houses and an above ground pool at some point to make at least a section of the property short/mid term rentals.