Keep looking for a tenant - also have they already paid you through the end of he lease or you still have to collect ?

The previous landlord only collected half month rent as deposit, and I would like to increase the deposit to standard one-month.

This money is still owed by the tenants and at times we were able to collect some of the money for the damages.Regarding installing a sprinkler system, it's only helpful if the tenants don't turn it off.

So I told my tenants I wanted to switch to RentRedi for payments because it was more streamlined than collecting checks and such but then they would be forced to pay the $1 transfer fee.

You collect so much stuff over the years.

These software's can run all kinds of reports and also help you with rent collection and accounting for vendors etc.

What if they have collections or judgments?

Still need to screen S8 prospects though.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I recently had to get some garage door springs fixed on my home and nobody would give me a quote or even  come look at it without charging me $75+.For all this I pay 8% of rent collected, $300 to place the tenant and $150 for renewals.

Even if you own a property in TX, you are conducting business in CA because you live here, collect the income here, etc.