Who covers ongoing property expenses such as repairs, taxes, and insurance?

Once a property is funded, it receives its own bank account along with a designated property manager responsible for overseeing the rental home's operation and finances.

The property manager's role includes generating revenue by finding tenants and collecting rent payments. Additionally, they are tasked with managing the property's operating costs, which may include property management fees, taxes, insurance, repairs, maintenance, HOA fees, and more. 

These expenses are covered using the rental income generated by the property.