However, it's an interesting neighborhood: Zoning laws makes it so I cannot easily rent to college students; however, it's close enough to the University that we received a lot of interest from Graduate students and families with one family member going back to school.It's also in a good location for oil and natural gas employees. 2 minutes away from 2 major highways that provide access to sites further east and south.

Outstanding post, I needed that Brandon.

It's only 20 minutes away from where I have lived my whole life so I know that the town itself doesn't have many attractions, and the schools aren't great, but the property is also just a couple of minutes from the highway and 20 minutes to the nearby city.

You make an outstanding point.I just spent 8 hours creating spreadsheets for 15 different properties.

The interpretation of "a" late fee has been "one", not "multiple", fees so the $5/day does not work for us.I typically I serve a written notice on the 2nd with a warning that a late fee shall be applied if any rent remains outstanding as of the 4th {for first time, or rare, offenders}.

You frame the request as an alternative to foreclosure and paying amounts outstanding, then the bank will listen, then you can begin negotiations for a payoff. they may ask for a deficiency, negotiate that.

Example is last tenant had and outstanding water bill and had taken down the smoke det.

Yes, personally visit the office to make sure they confirm the critical information.Second, never bring up the outstanding taxes again if you really want to buy this property at a good price.

Outstanding customer service.

My concerns are you changed your original ARV from 250 to 280albeit that 250 is conservative you can't just change it to 280 to make the #'sWho did your comps and do they know that area inside and out and the effect the highway will have on ARV and resale?