Quote from @James Brand: Not having issues, but since Stessa ultimately is the tool I use to manage my books it seems like a natural connection would be an accountant familiar with the tool.

Once the process is in place, it is nice when at least the majority of the rent shows up regularly. 

If you set out to do the items I shared regularly you will actually cut down on liability and if a liability event occurs you will be far better prepared.

And, consider the regressive nature of the tax.

PLUMBING FIXTURESThe bathrooms, toilets and kitchen plumbing fixtures shall only be used for the purpose for which theywere designed or built; sweepings. rubbish bags. acids. sanitary napkins, baby wipes, paper towels.should all be disposed of in regular waste receptacles.

I regularly call sellers on behalf of my buyer clients that I have preapproved and walk the seller through the rigor of my preapproval process to prevent this exact situation. 

Rents for that home are going to be 1800 to 2100.You should net about 200/mo  Deprreciation would mean your rental income plus a little more of your regular income would be tax free.

I attend meetings regularly with recent "graduates" of programs like this. 

He needs properties and connecting with agents is a very low cost way to get properties, as Realtors are trusted sources for motivated sellers and naturally get deals brought to them.

Yes, definitely Oil, other natural resources and government instrumentsI hold traditional investments too but the capital is derivative of the investments above