Aloha,Given that this is the first month using the Avail system, unless you specifically provided the tenant in advance with information on the lag time from first hand experience, I would let it go and simply inform them of how the timing did not work out, and have them adjust their "pay" date accordingly, reminding them of the "late" date and penalty for future payments.

There’s simply no room for mistakes that can be easily avoided.Did this article help you?

When one of these LLCs wins, they simply transfer the certificate to the main HF holdings.

If you did, you'd simply close with one of them and then move on.So, go get some!

However, I have seen a simple return with supplemental documents that are simply blank that should be supressed.

It's also super expensive if you aren't in the fold for deal flow and simply going out with an agent to look at properties. 

Difference though is there simply is not the million sub prime loans out there like there was then.

This is a tough business but if you want to try I recommend either simply contacting the local tax sale office and ask them what the process is.

but it sounds like your mind is made up on this mentor.. flipping right now is a pretty tough gig for a beginner depending on market. very low inventory then sky high rates for your buyers. so use caution be careful also make sure you have a GREAT RE Broker who knows the values and what you should and shouldn't do in the rehab to maximize your returns. these things are very market specific U simply need to make sure your matching what is expected in the market you choose.. 

What has brought the most ROI is simply talking to people (people I know, and also strangers), and helping.