If you are working with a experienced lender, some will do monthly payments and some will collect at the end, depends on your experience and the specific deal.

No one wants to be greeted by an angry tenant waiting with firearms.At the appointed time, we come with a locksmith, two moving men and their moving van and us in our protective gear (work clothes, gloves, N95 face mask, and eye protection) and boxes and bring construction quality plastic bags.

Isn't it great, the court gets to hold the money and collect whatever interest accumulates...great system!

If you started marketing the day he moved out in November, you probably could have had a tenant in place by mid December or early Jan. and you wouldn't have been out any lost rent.I know this may not be what you want to hear, but if you seek a judgment it is going to cost you filing fees, attorney fees, and then you still have to collect the money.

None of them know each other.. 16 rent checks/cash etc to collect. 5 of them $75 late every month..

There are excluded or limited items, such as cash, electronics, collections and such that may need to be looked at specifically and insured by riders or endorsements to a basic policy, if they choose to insure over those limited amounts.The issue for you is the liability coverage they obtain under a tenant's policy, that's the only concern you have and that could reduce your liability issues, so you should check with your agent.Many variables will apply in determining their liability issues and yours as well as how and when your insurance may be affected with any claim arising from negligence of a tenant.

Are sellers still present at double closings when the wholesaler collects his/her fee?

We had to go to the UPS facility to collect it.

@Kelly Davis how do your company do on collections for owed rent and are yall successful.

Most of my U.S.A. business in the past has been with operational (active) corporations and not in real estate investing and we have yet to find a cost-effective way to miss the 30% withholding.This has my interest and I need to learn if not being subject to the 30% withholding by the IRS, just means the full amount of tax at the Canadian rate would be collected by the CRA rather than just the delta between the IRS NRA withholding and the effective tax rate in Canada.