My wife and I are occasional flippers with 4 under our belt and we typically use a heloc on our primary to secure hard money and pay for rehabs.I own a plumbing company I’m just getting off the ground and know the money will be there eventually but could be a while.My mother in law lives in CA (I live in oregon) and they have a few rentals plus their primary that they have 1million plus in equity in.

You obviously can hire a management company, but there aren't a lot of warning signs if things are going poorly.

Law: Illinois has a law that requires (I believe) the insurance company to give a 'General and Special Taxes & Demolition Expenses' Form (Important info for this issue) to the city when claims/damages are over a certain dollar value.

The owner is under an LLC company.

Tons of value, insight into what he and his company are thinking, and never spammy.

I run an STR company in Orange and Los Angeles Counties and my STR's are performing quite well. 

Looking at pool companies for service.

I come myself, estimate what's need to be done, if I can't fix myself, I tell them that I'll call my contractor and as soon as he's available - I'll give them 24 hour notice.Usually I call my contractors for at least $100 job or they'll include the driving time in any job.To call plumber - just to show up - costs $80-100 depends on a company or who's taking the call.

Here are some more details...The property has a $40K+ water bill.The water company has informed us that with foreclosures, the new owners are not on the hook for past balances.so the lender/trustee is responsible for rectifying this... and the balance is so high they're delaying until they figure something out.Aside from that bill, there are no other encumbrances and we're able to get clean title with owner's title insurance.We got in the deal with cold, hard personal cash.We have a balance, which is {AuctionWinAmount - DownPayment].This balance accumulates interest until we close.so we have equitable title, but the property is not deeded to us until we close with the trustee.

Can anyone recommend companies that can set up automatic withdrawals of the tenants rent.