The auction last year in CHS had several hundred bidders - not sure if this is normal in the other counties. 

Volume property discounts were rare for us to offer, even with clients with hundreds of properties.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

So, ideally a 30yr track record with no investor losses across hundreds of deals is preferred, but in reality, for many people reading this, you will either get experience and long track record, OR impeccable, no investor loss track record.  

But paying $100 to file papers and another hundred dollars to serve the tenants seems to be enough to at least get a judgment to take possession of the property again.

I read their terms and understood the costs before signing, I will still be pocketing a few hundred for capx costs.

That takes a lot of time, probably a couple hundred dollars, and there's a good chance they have no evidence to support their claim, whereas you can show pictures or video.Document everything, follow the law, and treat people honestly and fairly.

We do hundreds of lease renewals a year this way and it works well.

I'm answering a question from my perspective as a professional property manager, and I can tell you that the hundreds of professionals I network with daily would agree with my perspective.