He lives in South Florida and has about 7 properties all rented out from single family to multifamily.

@Corey Meyer I do not recommend collecting rent payments through Venmo.

Hey there, I'm very confused what I need to do to rent my single family row home in Philadelphia.

Finally, my end-goal is to find a good tax deed deal, rehab it, rent it and then cash out with heloc or refinance.

Rent $1550/month (Projected) Used Avalon Capital's 100% purchase & 100% rehab hard money loan.

I'd look at doing development deals as well. you can do joint venture, non recourse debt above 5 million in construction. we do deals in Columbus Ohio and miami florida if it is of any interest. columbus cost per door is much lower than in miami and we focus on micro units under 600 sq ft mostly for development to get higher density, higher lease prices per square foot, etc. there is a "affordable" housing deal that has 336 sq ft studios in columbus that gets about $995 in rent which is above $3. the normal single family rental gets in the $1.6 or so range even new construction 

Buy a multi-family (MF) property, live in one unit, and rent out the rest.

I already got a letter from rent board saying i told them to leave which is false. yes this is SF,CA. people wonder why rent is expensive in sf its because landlord like us always get screwed by these tenant.

My plan is to self-manage the property and rent it out by the room, and I believe your expertise could provide invaluable insights to help me navigate this venture successfully.Specifically, I'm seeking advice on the following areas:Property Management Software: I'd appreciate recommendations for property management software that would streamline my operations and help me stay organized.Bookkeeping: Could you provide guidance on best practices for bookkeeping in rental property management?

The biggest issue was having far below market rents when I purchased.