@Michael BishayScreening tenants would fall on the property manager you decide to use.

Based on my understanding of the Customer functionality in Quickbooks, I agree that for real estate investors who might want a more cost effective option can utilize the Customer features (available in the Simple Start and Essentials version) instead of classes.

Because you are literally guessing at market rent and the PM will…1) keep your application and denial process legal2) advertise, screen and place the new tenant faster and better3) probably save you more money than they cost you. 

You should look into renting the whole place.I am guessing that trying to self manage from a distance is making you nervous?

Not only did the investment side work out but it was also the first apartment building our property management company has done a full lease up on.

Ali,When planning to buy in NJ the biggest thing I would tell you is to plan/research for the closing costs.

Factoring in filing taxes, maintaining LLCs, and overall cost vs security, I’m hearing many different options. 

I figured the only holding costs will be the utilities. 

https://www.zillow.com/rental-manager/market-trends/reno-nv/

Hi Everyone,I own 8 units in Cleveland and recently my property management company has been choosing vendors that charge extremely high prices for any fix.