They would also start making rent payments immediately (if he pays for 6 months upfront) to show ability to pay.  

starting out I use excel, as I grew I used quickbooks but there are many other programs out there that can track this for you.Regarding left on mortgage, I just left that with the lender and the digital statements but many times that is like watching the grass grow - especially if its a 30 year mortgage...

Our preference is to start with smaller investments and build from there.What we would like guidance on:1)   We are looking for a seasoned investor and/or expert to advise on cities and/or neighbourhoods prime for investing RIGHT NOW.

Our first hurdle is figuring out what type of REI we want to get into and where to start our search. 

I have started sending DMs on Twitter as of today.

The only contact information I had left was Terrance Burner's and when I reached out to him, it started a month's long conversation of me basically begging him to do what they said they would do.

The idea is to understand how to make the financing work on my end and come up with some budget then start approaching land owners with a set plan/offer to see if any of them are willing to sell.Need some creative ideas from some experts to help me understand how I could make something like this happen.

@Isaac Joseph if you experienced lots of theft with previous PMC, then learn to better manage your managers.Try to think of everything that can go wrong and then figure out how you can monitor relatively easily.Doing this will probably be a whole lot easier than trying to start your own PMC.

Maybe that is more than your earnest money, but I would start with the earnest money.Hope it all works out to your satisfaction.

I am just starting to think about investing in STR properties on the Oregon coast.