Lately, my lead flow has struggled (CTR-ALL has been declining and CPL has been significantly increasing). 

I’m late to the party but I’ll add something.  

•The applicant pays the background check fee and I don't have to deal with it myself•Can set your own logic and rules around what kinds of late fees to charge and when to charge them and if a tenant is late paying those rules are automatically applied•Can set the payment rules to not accept partial payments.

Then when you finish repairs, depending on the time frame you would have lived there as a primary residence at which point move back with parents and rent that unit for even more because you just rehabbed it. 

The duplex units are each two-bedroom, 1.5 baths with a one-car garage and just under 1,000 sq feet of finished space.

Thank you very much for the information, this was a great renovation with very good finishes.

If he expects you to accept rent payments 3 weeks late every month--will you just do that with no repercussion because he "expects" you to (???)

Saw this a little too late, next year I'll be sure to hope on here earlier before the event!

When working on a project, like the basement finish project I'm just completing, I do refer to this book frequently. 

Hey Adolphus - with DSCR you would need to be a personal guarantor, but it would not report to credit (as long as it is in an LLC and you don't go past 90 days late on mortgage payments).