Sure that property property in the ghetto looks like it has a nice yield on paper, but in 5yrs time, you will have wished you had stuck with the B property instead.Analyze a few hundred deals to get a firm grasp on what the market norms are. 

Magnolia has an incredible restaurant in another part of Waco, they bought a historic hotel that they are currently renovating, they bought an actual castle in the heart of the city that they are currently renovating, they own one of the largest real estate brokerage firms in the city that continues to serve the real estate market, and they themselves own several Magnolia short term rental properties that tourists can rent nightly to have the full Magnolia experience.

There are local firms that will do it for you with the cost of about 1/3 the tax savings. 

@Madelyn Felix we used to use ShowingHero, but moved on from them to ShowMojo, due to ShowMojo offering keypads in addition to lockboxes.We've pretty much flipped to keypads as too many keys go missing from lockboxes or get locked inside the home.While ShowMojo offers a service for tenants to use their keypads after movein, we remove the keypads when a home is rented and transfer to next vacant property.PRO TIP: only use keyed deadbolts for occupied rentals! 

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

As others has shared, I am able to hook them up properly to avoid any issues with tenant installation.If a unit dies, and I do not want to replace it, I just terminate the addendum and remove them. 

For instance, at one point when I was working as a senior accountant in a property management firm, I was training a guy who was a CPA for 30+ years even though I was hired 2 months before him.I worked only in real estate accounting and financing and became CFO.

She's on title with her partner and is looking to sell two of the units to the current tenants while at the same time removing the existing partner from title.She's leaning towards having each buyer individual finance their purchase but is open to the possibility of seller financing.

We want a camera system that:1) Connects to internet for remote monitoring via an office computer (not just a mobile device)2) Has motion-sensor alerts3) Records to the cloud, so a thief can't disable/steal the camera to hide their identityWe plan to remove these cameras once a property is rented and reinstall at the next vacant rental.Wi-Fi connection to internet is possible, but we'd also like to look into cellular connections to internet.What suggestions do you have please?

The only posts that were removed were posts that broke the rules like self promotion.I think it's important that the forums remain a place where different viewpoints can be expressed and discussed in an informative way.