When you manage multiple properties, how do you manage the receipts/bills that you spend on each property?

You can have one host account that covers multiple listings.

The key is to **spread your money over multiple loans** to minimize risk.Since you’re aware there’s always risk (especially if a borrower defaults or a project goes sideways), you’re in a good place mentally.

His daughter, the tenant, is over 30 and having a mental health crisis involving multiple personality disorder.

Try the Neighborhood Assistance Corporation of America (NACA) loan.NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.

He has a flipping and wholesaling workshop in person several times a year, and has a coaching/mentorship group as well, I am not involved in anyway in any of those groups, but just from the people he surrounds himself with, and the deals/business he does in town and the general transparency and authenticity I don't think you'll find a better dude in the entire country to "hitch your wagon to" for lack of better words.  

With the right location and management, it works well.Lewis County, WA ConsiderationsBeing based in Lewis County gives you some unique advantages:You're near markets like Olympia, Vancouver, and even parts of Portland - areas that may support mid-term rental demand from government workers, contractors, or traveling professionals.If local returns aren’t ideal, you could also consider out-of-state markets like Indianapolis, Birmingham, or parts of Florida, which are known for affordability and strong cash flow, especially for first-time investors.Start connecting with property managers or leasing agents in your target markets who understand variable lease lengths.Research platforms like Furnished Finder for mid-term rental strategies.Run sample deal analyses using conservative rent estimates to build confidence around cash flow projections.Join a local REI meetup or connect with others investing in similar strategies to learn from their models.You’re in a great position and your goals are clear, your timeline sounds balanced, and you’re starting before you need the income, which is key.If you ever want to workshop ideas or review markets, feel free to reach out.

– Amazing for networking, workshops, and meeting investors at every level.Local REIA (Real Estate Investor Associations) – These are everywhere and often have contractors, lenders, and rehabbers in attendance.Meetup.com – Search for “real estate investing” in your area - often free or low-cost educational events.Start small, stay focused, and don’t feel like you need to know everything before you buy.

As an investor and a property manager, I have found that joining your local landlord association is seriously one of the best moves you can make.Here are the benefits I see:Legal updates & support – Stay out of trouble and up to date on changing laws.Events & education – Workshops, Q&As, great info sharing.Discounts – On screenings, contractors, materials—you name it.Networking – Swap stories, advice, and referrals with other landlords.

Maybe invite someone for coffee or a quick call to hear their story and share yours.Offer Value: People respond well when you bring something to the table—whether it’s sharing a helpful article, offering to help with small tasks, or connecting them with someone in your network.Attend Focused Workshops or Mastermind Groups: These smaller, more intimate settings often foster stronger connections than large meetups.Leverage Online Groups: BiggerPockets forums, local Facebook groups, and LinkedIn can be great places to engage regularly and build rapport over time.Keep Showing Up: Consistency builds trust.