Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Eight Tips for Managing Your Investment Property Easily
Congratulations on becoming a landlord.  You have taken an important first step in the path to building wealth for you and your family.  I love being a landlord - at least most of the time - because you are enjoying passive income.  While you are on vacation or sleeping or buying another property - your investment property is generating cash flow.
However, if you don't take a few simple steps in advance to set up your rental property correctly, you can create avoidable problems with accompanying stress.  Don't worry. In general, the good tenants outnumber the bad ones and you’re able to manage your property profitably.
To help reduce or eliminate some of the stressors associated with being a landlord, take these seven simple steps:
1. Set up a separate LLC or other entity for your rental property.  You want to make sure that your rental property is separate from your personal residence and other assets.  If something unimaginable happens and you are sued, your liability should be limited to the asset of the rental property.   Putting the title to the rental property in a separate entity will help to protect your other assets.
2. Set up a separate checking account for rental income and ... more

__________________________________________________
Are you on The Rain? Grow Your Network!