The leasing fees are the low hanging fruit that makes that business even worth pursuing.

These types of tenants often do this because they don't want to save in advance, so they take the rent owed to you and use it to put down on their next home.Recommend you do a better job of communicating to the tenants that you will pursue every legal collection option if they don't pay last month's rent.Also, why are tenants NOT staying with you?

I’m a 20 year old aspiring multifamily syndicator and also have some doubts if I should really pursue this business.Being an entrepeneur and running a business definitely fuel me and makes me feel super excited, I really enjoy and am passionate about running the different parts of a business and having a team to work with.However, I still don’t know if I want to take the syndication route or the “building my own portfolio” route. 

I work with investors pursuing both on and off market deals.

Hey @Mohammad Al-hadad,The first thing I would say is that the cool thing about real estate investing is that there are many options and styles about how to invest and what strategies you want to pursue.

@Namal Burman Sounds like you have an understanding of what you are getting into financially and location wise...go for it if this is something you are interested in and want to pursue. 

I am currently reading 'How to Invest in Real Estate' by Joshua Dorkin & Brandon Turner to learn more prior to pursuing a long-term rental strategy.

I am pursuing the investor niche myself and I’m curious on what things are like from your point of viewAnd maybe I can pick up some tips ;)

Sorry I will not have anyone that will walk a prop for a  " maybe " of a job.If you want send me the address, I can POSSIBLY have someone do a drive by and get a quick look to see if you should even pursue it .

So if, for instance, you wanted to pursue the Oakland market, then target specific neighborhoods and utilize an investor friendly real estate agent to find you deals.