Hello,I am new to using rent collection on Cozy. I know I am supposed to receive the rent in about 5 business days but does any know when the money is actually withdrawn from the TENANT'S checking account? It is the 2...

Kenneth,Definitely local banks are an option but they will max out at 75% LTV and 20 year amortization and will be slow to provide you with an answer. 

I have one client who flips this area and it's a slow process.

It’d be hard for anyone to say how long the process will take since the eviction company is moving so slow.

I'm in a small town Texas with a moderate amount of appreciation, but stable retirement population and blue collar workers with steady (though slow) growth. 

It seems like your friend likes to take it slow and simple?

IMHO, doing it for at least the first year will put you in a much better position to hire a good PM a year later on since you know what will make a good PM, so long as that’s not going to be burn you out or slow down your investor journey.

I am not a CPA, and I don't play one on the internet, so this is just my opinion.That said, with a ROTH IRA, you are allowed to withdraw 100% of your contributions (but not gains made on those contributions).

It could slow the process a tad bc that brokerage will need to negotiate an agreement for the fee.

Just finished one where the water heater literally fell through the floor after it got a slow leak.