He has agreed to pay off the taxes owed.I'm not what steps are required for us to move forward. 

Run through some of the features you will need like setting up a property, moving in a tenant, receiving rent payments, and publishing online applications and see which one works the best for you. 

We also had an extra umbrella policy.Now that a few years have gone by and we've obtained more assets, meaning we have more to loose, it's made since to start an LLC and start to move things under its protection.Even if you get a good management company, which sounds hard to do, you'll still have to manage them and make sure they're staying on top of things.

I have the opportunity to turn my first home into a STR once moving into a new home.

This has honestly been one of the deterrents of me moving into this space.

Hi @Larry Pruitt - is the goal of your client to assume the loan + purchase the current owner out?

Hello, my name is Jason I'm very new to real estate and my goals are to start getting into rental companies and provide myself enough income to do it full time and quit my job. 

Wyatt I definitely like SFH. my goal is to meet and learn from as many other investors as i can and build a cash buyers list for properties I want to wholesale. 

And assume everything is a little worse than it looks given the tenant's stuff is probably blocking some problems and things like the carpet and paint will likely look worse when they move out.Lastly, is it necessary to go over asking?

Things I've got down to minimal effort or fully automated: * Rent, security deposit, and fee collection* Basic accounting and tax packet creation* Listing vacancies* Lease signing* Applications, credit, and background checksThings I'm still dealing with directly ad-hoc or don't have a well defined process or solution in place for:* Requests and communication with tenants* Finding and coordinating service providers for maintenance and repair work* Scheduling showings and getting prospective tenants to make their appointments* Tenant turnover for move in and out* Keeping up with legal changes and lease template updates* Setting rent amounts* Lease enforcement - tenants are responsible for things like yardwork, routinely get letters from the city about weeds / tall grass, etc.Questions for the group:* What am I missing if I were to make out a checklist of an "automated property"?