This is because collecting rent is often seen as passive income, and the state may not consider this "doing business" that would trigger the registration requirement.However, states like California or New York may have specific rules, so it's wise to check state-specific requirements.Active Income (e.g., House Flipping):Active Business Operations: If you are engaging in activities like house flipping, property development, or property management, this would likely be considered active business operations.

We use Stayfi which collects guest information as they connect to the internet. 

They do draw a hard line with cloth wiring, even if it is in good condition and not knob n' tube. 

Not how much but do they collect directly from tenant or does money go to landlord/owner then they pay broker/agent?

This thread is one ofthe best orhestrated attempts I have seen here on BP, less than 24 collective posts between 8, count them 8 contributors.

Rent Collection - Savings account, as soon as I collect rent, I like to put it in a savings account to start earning interest.

I saw where I can collect rent payments on Zillow, but it didn't say anything about late payment fees, so I'm unsure how that would work.

My lease states I am not responsible for collecting the rent, the tenant is responsible in making sure I receive the rent. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Good morning, I am currently using Turbotenant for tenant screening/rent collection and reminders, and lease creation.