I need a comprehensive solution that can:• Track the property from the initial purchase through ongoing management• Record and categorize all rental expenses• Allow me to scan and store receipts digitally• Monitor additional costs associated with the properties• Track rental income and proceedsI would appreciate any recommendations or suggestions you might have. 

And he needs to be available for weekly training sessions.

The initial contact, pre-screening, and time-line to complete an application says a lot about prospective tenants.

.)• The smartest way to finance my first deal, especially as a first-time buyer• Whether house hacking a duplex or single-family near a campus makes the most sense• How others have successfully used first-time homebuyer loans (FHA, conventional 3–5%, etc.) for student rentalsMy long-term goal is to build a portfolio of student rentals while still working my W-2, and I’m willing to self-manage initially if that helps the numbers work.I’d love to hear from anyone who has:• Invested in student housing• Started by house hacking• Invested in Northeast Ohio or similar Midwest college townsAny advice on deal analysis, financing strategies, mistakes to avoid, or things you wish you knew early on would be hugely appreciated.Thanks in advance — looking forward to learning from this community. 

Note seeing you are projecting negative cash flow even after this refi, this cost will initially have no earnings to pay down that costs.I recognize selling at a loss is undesired.  

Looking for some advice on best methods of practice for this, initial contracts to have outlined, minimum participation clauses, exit strategies, whether we should make an LLC or not, etc.

Initially, outsource them before getting staff members with a knack trained.

.), then look at the initial pref almost last.

Initially I did 15 year, no-doc loans for properties that were little more than shells.

.• Don’t overlook other ways to “break in” that are lower risk than a full flip:– Live-in flip / cosmetic rehab– Buy-and-hold with light value-add (even if cash flow is thin initially)– Partnering on a deal where you bring the HELOC + project management and learn alongside someone experienced• Your background in maintenance, reliability, and project management is actually a big advantage.