The tenant has proof that the rent payment went through successfully and was processed.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

I have a 3-step process I put them through before we actually agree to work together. 

That violates the Takings Clause.MD can be distinguished (in fact MD was mentioned in the decision) in that there IS a process on the books for the foreclosed owner to petition the court for the surplus. 

When did real estate become simpler for you in your process?

@Alex Washburn makes really good points - the process is definitely not easy. 

That time I was looking at getting 201 S Washington (a 5 unit rental) and S Washington wasn't designated as STR and Gettysburg City said that I had to go thru the process of applying for zoning licence which is followed by a hearing with the neighbors as the jury who would hand me the verdict - yes/no.I like analyzing markets and observing them for a number of months/years.

It’s great that you’re being thoughtful about the process!

I too believe that economies of scale will will give us more bang for our buck, but since MTR data is fairly new, it was also difficult to analyze the profit potential for a new 4plex.

They always say in the letter they send about the transfer not to worry, all the payment info will transfer automatically but then they have issues processing payments on their end and it’s always difficult getting through to anyone who knows how to resolve the issue on their end.