The best case scenario rents are $2200 at full capacity with everyone paying (rare), the mortgage is $1400, utilities run roughly $500, and property management takes 8% of what is collected (a good rate).

Requirements To get a Collection Agency endorsement, you must: Get a trust account.Maintain an office in Washington State, managed by a Washington resident.You cannot begin business activity until you receive a Business License listing the required endorsement.Washington is a closed-border state.

I'm considering creating another document that is completed individually to collect this data.

Pay down your credit card debt or collection acts first.

Also remember to factor in property management fee (typically 10% of rent collected and may also include a release fee which is often a percentage of the 1st month’s rent).

South Datkota decision online retailers will need to collect sales taxes if they reach a certain number of transactions or sales volumes. 

When additional fees are owed from the tenant, does Roof give you a way to handle collecting those?

This falls towards analyzing data for rent and possible value. 

The standard answer is SFH and 2-4 unit MFH are valued using sales data of previously sold comparable properties (i.e. aka COMPS).

They call and pay directly, but you are in charge of the cleaner for the common areas-LR, kitchen, RR, and you pay for that, but collect the $ from the renters with the utility split.