I have just started with a single rental house and I want to make sure that as I set up my accounting processes that I am doing what is both corrected and needed.ThanksGreg

@Ryan Delauz File a notice to quit / begin eviction process first.

heylooking to purchase a long term buy and hold rental property, budget is 70-80k cash only (oos investor), was approached by a company who assists in the whole process who recommended the indianapolis market as a growing market, with high yields compared to other places. leaving aside the question should i use this company (or any other for that matter), i am looking into the market, the buy/rent ratio looks good in terms of what i'm looking for and i can see the prices have really gone up in recent years, but when checking out the house prices going forward, it seems like most of the information i find talks about prices staying around where they are, some sources even show negative price changes. what are your takes on the matter?

I happen to ask the bank manager before we started the  process can I do a refinance and heloc.

Or is it a scenario where the process is a little longer and more complex than a conventional mortgage/loan, this factor deters people from using it? 

Whenever I attempt something new I always try take on partners who can help me curb the learning curve and guide me through the process.

If he is mentoring the entire process from start to finish I would think there is an understanding that you may not know the basics.

The property needs some repairs before I can rent it, and I’m in the process of having those repairs done.The insurance company is saying they need proof of a lease in the next 30 days or they will terminate the coverage.

In general, how much of your time as an investor is spent enmeshed in the renovation process once it has started?

I am in the process of renting out my Manhattan condo in a somewhat boutiqu-ish building.