We addressed that issue by charging a percentage-based per diem late fee after the initial late fee.REALITY - have had one-on-one discussions, outside business hours, with two judges who were adamant that they would not allow lates fees of more than $25 period.

However, those rents may be market, but if the tenant pays for electricity or water, you need to back that out of their rent (utility allowance).Tenants are not supposed to have a co-pay >29% of qualifying income and the voucher addresses the difference.For a small investor, I wouldn't target them since I stated the major rules, but there is paperwork if your property has a use restriction requiring income qual. 

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

If you're willing to share the address, I can do a quick analysis for you. would this be new construction, renovation, legalizing existing?

He hasn’t asked for any money upfront but wants pictures of my Id, address verification from a utility bill, and I just want to make sure there’s not some identity theft scam I’m unaware of.

@Luke H. not defending her and I'm sorry noone showed up. but if you are not represented and she knew you were trying to organize Seller financing, she wanted to have another agent represent you because she is didn't want to or couldn't represent both of you depending on how her listing agreement is signed. if you want to DM me the address I can look into it for you.

Not only will you get more feedback than the seller will likely provide and you can gauge how nitpicky the tenants are, but should you go through with deal and become LL, you have valuable insights on issues you can address quickly and start off your LL-tenant relationship well.

I feel like there is a lot missing, honestly.Why can’t it automatically pull in so much of the data that’s available out there for us, when we enter a property‘a address or MLS?

My business address is 3 Monkey butt sniffers lane.

The address on google map: is just a single family residence in Bakersfield, CA.