It’s worth asking upfront about lease renewal fees, markups on maintenance, and early termination penalties.Finally, a quick personal anecdote: A few years ago, I had a client struggling with a nightmare tenant in Mission Viejo.

Financing 3 properties up near Cannon Lake for a client now. 

All my peers and clients who previously bought tax sale properties moved away from the strategy a number of years ago so I don't have any recent experiences to go off of,  but wouldn't be surprised if the lead time is longer this time of year due to the holidays. 

The successful brokers in this space often have analysists who are researching the market for listings, prospective clients etc.

What I wrote above does not create an attorney/client relationship between us.

I want you to feel the pride in being told all your accomplishments over 10 or 20 years are pure luck by someone afraid to get started.

I've taken on three clients with this issue this past year and all three tenants took the money and left within the month.

They already have my records from the previous year(s), I’ve been a client for 20+ years, and I provide pretty detailed reports per property.

What some of my clients have done in the past is look for more creative rental avenues to be able to charge a premium on rent such as the traveling nursing niche like furnished finder. 

I had a 1031 client who sold an apartment complex in Iowa and purchased five houses with me in Austin to use as short term and long term rentals.