That is a fair point, but wouldn't you tell your old self to ask "less dumb" questions because now you know you were more likely to get better answers?

I charged them all the late fees and I was not happy and expressed my concerns, but I did get paid on the 12th.Now, this 3rd time for this month of August, the boyfriend contacted me a day or two before the 1st and said they would not have the rent until the 9th of August.

We had more partners (beneficiaries) on that one, and it ended up being two individuals, an LLC, and a Self Directed IRA (SDIRA), each with percentages of the whole. 

Here are the numbers I know so far:Rents4 units all currently occupied on one year leases- #1: 1/1 $995 monthly- #2: 1/1 $995 monthly- #3: 1/1 $995 monthly- #4: 2/1 $1,100 monthly- Gross rents: $4,085 monthlyExpenses- $12,070 taxes annually- $350 monthly insurance (my estimate, they have liability only right now)- $175 monthly landscaping- $120 water (electrical on separate meters, tenant pays)- Total expenses: $1,651 monthlyNOI around $2,434 before vacancy, maintenance, and management (although i would likely self-manage these)Property needs about $50K in other repairs and udpates from what I can see.

I’m in the process of searching for land in the Houston area to then build a 4-plex on it.The plan is to self-fund the purchase & construction, rent the units and cash out with a mortage.I like the idea of serving lower income families and therefore don’t shy away from section 8.This is the first time I do something like this, so I’m throwing it out there in hopes of hearing your thoughts and learning from your experience!

I will be self-managing this first rental, so I have wondered what the best way is to make sure the softener is regularly salted. 

If the buyer is an investor and or company, and no fiduciary relationship has been expressed or implied,  could they pay the 4th party a finders fee without any legal implications? 

Is this process pretty self explanatory if I just follow the correct steps? 

I did troll the forums and it’s really hard to get a definitive answer because it seems to be based a lot on personal preference.In your honest opinions, what is the most intuitive property management software solution to use for someone that is just starting the journey in self management?

But the facility is obsolete so that no self pay patient or insured patient would live there.