We also have a firm policy, always enforce late fees and deliver a notice to pay or vacate on the 6th.

I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units. 

@Andrew Grimmett If a seller is hesitant due to capital gains taxes, consider creative solutions: suggest an installment sale (seller financing) to spread tax liability over time, a 1031 exchange to defer taxes by reinvesting in another property, or a structured sale for flexible deferred payments.

Qualified renters can opt to pay a non-refundable monthly fee instead of a traditional deposit.

In my shoes, it would be hard to credit a client for a decision that could have saved you $10k+ in damages, especially when it wasn't something that went to our firm (like management fees or an in-house maintenance contractor).

There's no charge to me to get these funds except a yearly fee of 200.00. 

So, make sure you do your research before installing cheaper flooring.4.

I cannot sell a house with broken equipment, and I cannot pay someone for breaking what they were suppose to install. 

Your management fee is way too low, especially if you're doing everything for the owner.

You could buy about 80 of them, but your cash flow would still end up at 16k which is about what you are making now (actual it would be zero once you account for property management fees).