I also recommend using a stair nosing caulk at the nosing to fill in any gaping and make the nose less likely to break due to wear.

It's also full of practical information about marketing, screening, dealing with late rent or lease violations, etc.After getting a basic education, I recommend putting your nose to the grindstone and building policies, procedures, forms, and letters before you have problems.

Hi @Ryan Bennett, Ron hit it on the nose! 

The kitchen and baths needed some upgrades, there was a water stain on the wall where the washer was, the same floor installer took the bull noses off each step going upstairs, the illegal screen porch would need to be demolished. we would need a few dumpsters for all the junk. 

so if i offer you a million dollar property that rents for 10k a month for $100,000, but demand you pay me back 10k a month you would say no? See

No way are you going to enforce a hard-nosed lease agreement with your sister (and her three adorable nieces), unless you are made of wood!

As others indicated keep your nose to the grind stone it will get better !

Well in D and F areas I knock on the door and collect rent in cash .i know that sounds absurd in 2019 and I’m well aware many on here would snub their nose at this understandably so ,but when your dealing with a low income chaotic environment these folks don’t have checking accounts, formal education ,or computer skills .cash is a language everyone understands. 

However, if you're not an engineer, you may pay through the nose to get through some of these issues. 

Although I didn't use an LLC at the time, the lawsuit was against me, my wife, my former associates, Santa Clause, Rudolph the red nosed reindeer, and the seven dwarfs (they include anybody and everybody and your LLC and anyone that you may know, have met or done business with).