You might also consider maintaining a certain level of cash reserves to handle maintenance/capex as needed.The general point the author is emphasizing is that to reap the benefits of compounding you must reallocate your cash flows into the same or other cash flowing investments rather than spending them on discretionary expenses.

Tips to Prevent Future Issues: Guest Policy: Include a clear guest policy in your lease agreements, specifying how long guests can stay, whether they can have keys, and the procedure for adding an authorized occupant.

At Real Estate Skills, we’ve witnessed and participated in successful deals closed without ever accessing the official MLS, utilizing platforms such as Zillow and Redfin.We strive to ensure that our interactions uphold the highest standards of integrity and transparency.

Hey everyone first time officially posting here at BiggerPockets!

However, this is a serious violation on the part of both parties and I am sure the Housing Authority Integrity Officer would investigate.

We would follow abandonment processes for getting possession back and storing belongings.But we are less likely to encounter this because we have this clause in our rental agreement:In the event of abandonment, arrest or death, the following person has the authority to decide when to terminate tenancy and how to store/distribute my belongings:Name: ____________________________________________________Address: ____________________________________________________Phone #: ____________________________________________________If we have an applicant who will be living alone we include this wording.

Your state/city probably has a housing authority that could give you guidance on this. 

I think he'd said that his bid got submitted directly to asset manager via their agent (since official bidding is still closed in HUD store).

Staff members can help manage as well, but are limited in their scope of authority.

If you have not read it yet, I would recommend the book “First to a Million" by BiggerPockets author - @Dan Sheeks