I am new to the game with 1 property leased to section 8 under my belt and was about to buy another.

My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.

I manage properties remotely and can handle all the leasing/management pretty easily with my team.

Since the yard is already rough, I would keep the shed and see how it works out.Consider adding something to the lease that permits you to remove it from the property if it becomes problematic.

I invest in land and have done entitlement/zoning and other DD work successfully for years.A broker called me this morning on a property I have on a busy interesection and has a QSR client who likes the location, but does not want to do a ground lease, only a build to suit. 

Fully occupied rent total $2100 but long term tenants want to stay and rent increases and leases are agreeable to move total rent to $2300I am in middle of finalizing a transferable contract that I will sell for 85kseparate utilities and owner would pay water which averages at $200 month.NY so taxes are a bit high at $6300Property seem to be in sound shape with no majors lurking but I have not done a on site inspection yet.My evaluation sheet which consist of 20% down at 7.5% interest rate shows a 15%+ Cash on Cash starting on day one.GROUP LOAN AMOUNT$68,000.00PRICE$85,000.00INTEREST7.00%OWN PAYS MON$225.00TAXES YR$6,300.00DN PAYMENT PERCENT20.00%DN PAYMENT$17,000.00LOAN PAYMENT$452.41INSURANCE YR$1,600.00TOTAL RENT$2,300.00MAINTENENCE CAP EX11.00%$253.00ENTER DOLLAR AMOUNT ITEMS IN YELLOWVACANCY5.00%$115.00GREEN ITEMS ARE ADJUSTIBLE BASED ON MARKETS AND EVALINSURANCE5.80%$133.33TAXES22.83%$525.00PROPERTY MANAGEMENT12.00%$276.00OFFICE4.00%$92.00OWNER EXPENSE9.78%$225.00LOAN19.67%$452.41TOTAL EXPENSES90.08%$2,071.74MONTHLY CASHFLOW$228.26YR CASHFLOW$2,739.13YR RECOVER6.21CASH ON CASH %16.11%WHO WANTS TO BUY MY FIRST WHOLESALE PROPERTY?

Whether you’re dealing with non-payment of rent or other lease violations, this resource explains what landlords need to know to remain compliant and protect their investment. 

I met with Wicked Smart today and was told they help you set up a lead sourcing system, help you structure creative financing - which is essentially lease option/purchase, subject to and owner financing....all strategies I am interested in learning more about.

Druggies without a lease.....?

Was fortunate enough to lease for higher than expected rental rates.