All three credit bureaus require it, as a result of the FTC requiring them to implement tighter controls to cut back on identity theft. 

HuynhThank you for the elaboration.Did you run the structure by an asset protection attorney before implementing it?

If you want to spend $5,000 on 10 units on a 20 unit property, it'll take time to wait for those leases to expire, remove the tenant, implement the upgrades (which could also cause a higher vacancy as some tenants will be living next to construction areas), then release the unit.

These two bodies share the responsibilities for implementing and enforcing the existing licensing laws.

Even a bond with the state wouldn't be that big of a deal.Whatever, I'd think the best way to get changes is to acknowledge the problems, work with them, find simpler solutions and implement standardized practices.

These forums are even more powerful because you'll connect with folks who are learning about and/or implementing the same things mentioned on the podcast.3 suggestions:1.

We are now investing in an advanced CRM that will interface with our PM software for even more customization and automation - including hiring a specific expert to implement it for us.It will be a painful learning curve - short-term pain, for long-term gain.Suggest you make your list as you learn on the fly about what various softwares offer.Check these out: Buildium, Doorloop, Appfolio and Rentvine.Take your time, because switching is another painful task:(

You can pay $300-500 for tax return guidance and prep, but you are going to get someone who will say just set up an LLC and be done with it (additional $7K in tax) or pay $1,500 for your business and personal return and you will get some advice like I have given and they will help implement your plan.You do get what you pay for.Joe

That is very good advice that I try to implement throughout my everyday life and am glad that you shared that!

This is not something that can be done independently by a CPA.There may also be state registration fees or taxes for the LLC entity.IRA custodians do not establish the LLC entity as they are prohibited by rule from providing legal services (they are a reporting layer for the IRA).Find a reputable firm that can educate you on the process, implement the structure and provide you with guidance along the way as you invest.This is a great way to diversify your retirement savings into real estate.