Filing is easy and cheap in CT (around 120$ in CT and all form available on line), but you still need to go through all those steps and draft an organization agreement.My accountant is the one strongly suggest to form a LLC for each property. 

So yellow letter marketing which i do myself a little time consumming but I do roughly 80 bucks a week this allows me to mail out 120 letters.Since I usually only send out letters to 2-3 zip codes in my area depending on how many names I get off of freedom soft Im still going back and forth to the records office to get probate list so I can be doing something while I wait to see if I get any hits.  

Instead of waiting for the derogatory account to drop off you record (7years) you pay a settlement to have the record deleted. http://www.biggerpockets.com/forums/311/topics/183...Hope that helpsAdam

One thing the property management company should do is keep records of your daughter's rent payments - so that she has a rental history when she is going to buy a house or rent someplace else. 

I record my income in Excel.I'm overdue for a new system.

This is element #1 of my strategy - leverage an existing track record.During our call, I pitched him on me bringing my skills (general business management and marketing/advertising) to the table in exchange for the opportunity to use them - i.e. he would enable me with his skill set and I would help him to scale, using his track record as a springboard to craft a win/win situation.

Most of the guys I know who are using little to none of their own money have at least a ten year track record of solid performance.  

I did have my CPA advise me that the New Jersey Business Membership or words similar to that order is an organization that offers many benefits which a big one in the you will qualify for New Jersey Manufactures Insurance after you are a active member for one or two years.

You will receive a series of emails that will lead you, step-by-step, through the process of improving your credit rating.The main thing you will learn--and the most important--is how to monitor and maintain your credit records.

And compare SBL numbers on the contract with the tax record to make sure they match and you are looking at the correct lot assessment.