I don't take offense at all, don't worry. 

This is a red flag with your PM as they should be very familiar with this and advised of such, ESPECIALLY as it states to try to evict or terminate a lease during the moratorium is a CRIMINAL offense in MN punishable via jail time and/or a fine. 

No offense but when you come online and say something drastic, maybe post your experience and net worth.

No offense but how much experience does the college dropout roommate bring to the table?

@Justin Joseph - I hope you didn't take my comments offensively.

No offense to Josh but....Who cares?

- Keep a solid day job- Your property reserve should be monthly expense of at least $50 per property- Vacancy makes me sick- I'm never sick- Personally manage properties- Good record keeping- Own other assets- Recycle your capital and buy more assets- Professional tax returns- Buy Adobe, all your documents like loan applications should be typed, do not hand write them and look like your in grade school, report cards do not exist, financial statements are what matters- Go above and beyond delivering any request a bank might have quickly, neatly and in person- Provide more information to the banks that will make you look attractive- Buy sees candy for the receptionist- When your rejected by one bank call 5 more- Question everything, most of the time frontline bankers have there head up ... so question stuff and get to the decision makers- Document your repairs and buy a binding machine to present portfolios to the bank and impress the crap out of them- When you deliver items to the bank keep them simple.

Originally posted by Steven Maduro:ok lets look at what happened yesterdayI listed a house for rent that still needed some repairs the tenant can move in at a reduced rate on a month to month for three months while my handy man comes in on 6 different days throughout the 3 month period to do the repairs once the repairs were completed a lease would be signed if they still wanted to stay and at that time a full background check would be done.No offense, but that is a terrible idea.

I know nothing of rehabbing, but given the competitiveness of rehabbing (lotta fish swimming in that pond), the negatives I've listed, and some I don't even know of...well, no offense, but I'm skeptical.Something doesn't smell right.

I guess the most egregious charge, and one I find offensive, is the commitment fee.