I have been using them for 2 years and have not had any hiccups yet (fingers-crossed that continues).....with all that said, a good rule of thumb as a responsible owner is that you still need to pay attention to your balance sheet because human nature occurs and some things can fall through the cracks.

I suppose it's a matter of weighing options - looking at the potential increased cost of fixing/replacing a damaged roof at ACV verses paying a higher premium for an insurance policy that pays out replacement cost, and see which one makes more sense.

If the properties are split into more than one LLC, then each LLC will need its own accounts.Checking: collect all income here, then use it to pay bills.

Average cost to build covered, and climate controlled units.For those so gracious, I would be willing to pay $/Hr to jump on a zoom call to walk me through the underwriting process of evaluating these sites.

-If you do a long term rental, how do you pay back the hard money lender/private lender (if you use one)?

They are closing the gap, and usually offer bill pay, online transfers, mobile deposits, and the other things you would expect.I do highly suggest Amex for business credit cards.

I’m looking for a property manager that I can pay as needed.

Trust.

Like you mentioned, be aware of the short-term rental regulations through the city but also pay close attention if there is an HOA.

The second consideration is that students or rather their parents are willing to pay for the newer nicer properties with more amenities.