Additionally, does anyone have strategies or advice on how to confirm that the reported rent is actually being collected as stated?

There are a lot of nuances to learn before you just dive in, as this is a highly competitive market.Since you are new, I would advise running numbers that include using a property manager.

Closing in an entity will keep the loan from reporting on your credit, therefore it will not hurt your DTI when you do need to use conventional lending.

In search of accounting software specific to real estate for tracking expenses of rental properties (including LTRs in LLC with property manager and self-managed STRs).

Hey @Joseph Smith, Ive replied to similar posts a few times int he past and am a current investor with two of your three mentioned (although I didnt invest with the third, I do have some experiences with them as well).A couple others have pointed out some differences, I appreciate those insights but would also look at the structure and reporting.

Seller financing allows what is called Installment Sale reporting for IRS purposes. 

Our general monthly meeting is tomorrow night and then we have around 20 other meet ups all month long including a multi-family meetup that would likely be a great place to meet and nework with other local investors.

The entire process was quite long and very manual which caused a barrier for investors with smaller properties.Cost segregation offers many unique benefits including optimizing cash flow, deferring taxes and improving asset management.

When I send out of state clients videos, I include about 1-2 min of the exterior and neighborhood, and my comments. 

Hi all,In Mass you do not need sprinklers when adding units to an existing building if under 7500 ft2 as long as your CSL or architect does IEBC chapter 14 Performance Compliance report.