Probably going to be a check.Smart contractors are starting to understand that convenience matters to customers and being able to take different methods of payment can help them collect their money.

The first thing to focus on is understanding your target guests and tailoring your property to their needs.

I truly don’t understand what John Hyre wrote above.

Translation: you helped your client to protect their cheating against the state assessment.I understand that your client, as a result, avoided paying $45k.

@Erick Pena please understand that buying rentals is NOT passive income!

This strategy aligns well with the buy-and-hold model.Leverage Local Expertise: Partner with professionals like real estate agents familiar with rental markets and property managers who understand tenant needs.

I just dont understand how people are buying at such low caps ?

They don't understand how to price effectively, study the market, set boundaries with tenants, establish policies and procedures, communicate, and dozens of other things.

I understand why this is the choice asset for many: they are inexpensive with no barrier & easily financed (easily attainable). 

Podcasts and books are another fantastic way to get some knowledge in and help understanding the basics.