I won't focus to much on the agent side of it, but of course I will exercise the duties in future deals of my own and hopefully a few referrals here and there.

And i'm entertaining the idea, but as you said it's vital to get the first one right.

Our servicing duties include the liquidation of REOs.

He wants to pay our entire mortgage on that house with the following provisions: He takes full responsibility for any unkeep or repairs allieviating the landlord duties for us, then when he is finally ready to buy he wants to pay the amount that is left on the loan so he actually acquires the equity.

He wants to pay our entire mortgage on that house with the following provisions: He takes full responsibility for any unkeep or repairs allieviating the landlord duties for us, then when he is finally ready to buy he wants to pay the amount that is left on the loan so he actually acquires the equity.

Sure, if I am going to be shooting at something over 20 yards, I'd prefer to have mine 9mm or a 40 cal, but for strictly an off duty / CW, hauling around a 9mm or a 40 cal and trying to keep it hidden is not practical or necessary.

I have a legal duty to do so and if I provide great service guess who you are going to come back to for the next property.

Membership is vital and proves that companies that are registered with NACSO have complied with all state and federal laws, have adequate customer service options as well as been in business for at least one year and have submitted information about themselves, the company and submitted pictures of the office to ensure compliance with data handling.These are just some requirements of being a member.Many companies are not members.

Some of these bills are monthly, others are quarterly; but, it can go quite a while longer before you, as the owner, know there has been a delinquency of payments when the bills are sent directly to the tenant and it is their legal duty, as per the lease, to pay.We have already discussed throughout Bigger Pockets how difficult it is to get blood (money) from the stone that is a deadbeat tenant, even with a judicial judgment against them.

Hopefully, your lease has language that minimizes the potential liability for you, but in any event, the tenant always has a duty to mitigate any damage.