It's easy to pontificate about this deal or that deal, but no matter how good a deal looks, it's still scary to wire in a big chunk of your net worth to a property that will most likely cause problems for the first coupe of years while you stabilize it. 

“If corporate feels they can make more money if they can get that person out and get somebody new in there, they can,” Torres said.Eviction by golf cartAt the Cyprus Apartments complex, with rows of tile-roofed buildings and more than 500 units, evictions were conducted under the shade of a golf cart as the temperature crept to 109 degrees.April Cordova, the property’s manager, surveyed the damage at an already empty unit.

I would conduct an inspection, determine the cause, and make the repair.You shouldn't keep tenants who habitually pay late, but there are various factors to think about and I can't go into all of them.

Here's some copy & paste advice we hope you find useful:----------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

The owner had no clue and didn’t initial the “liquidated damages” clause.

If you think I should reject the application any guidance on the best way to do so (an not cause rift with PM) would be appreciated.

JUST the perfect tenant.. all 700 plus fico and never miss a payment and the only damage done in 4 years now was an ottoman that had something hot put on it and the tenant replaced it..

They may wish to keep their personal name private from the other investors, etc.One potential downside to investing in an LLC (and that I've seen has cause people to change their minds and switch) is that the tax filing deadline is a month earlier for LLCs versus individuals. 

The more expensive filters clog too easy and cause the furnace to work harder.

Talk w/ each tenant, work with them if necessary on an increase schedule that won't cause them a financial hardship but helps you achieve the increase.