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Hi Ivan,Agreed,  very intelligent person.

The person who comes into money but not a lot of experience in real estate should be a little more cautious right now.So overall, I am not saying - do not buy, I am saying be careful.

I use quicken for personal and WAVE for my businesses.  

I know lots of installers don't do it, and I personally prefer the unimpeded look, but anything installed outside of the requirements of the material is probably going to be limited, i.e. the insurance company is not going to pay you because the material was not installed according to flooring requirements. 

Do you have a 501c3 that you operate under (and rent the house from yourself), or do you purchase homes with an LLC or personal name, and run as a regular business? 

This will increase the return above what can be obtained on a passive investment.The flipside of having the power to control everything is that it can be alot of work (and a full-time job if a person is putting in sweat equity).

@Reyna AyalaI personally feel this is overkill.

I like to talk to people when I get out of the car and I think I can get a feel for things better in person.

You’re going to be personally sued no matter the cause of the loss.