In Florida you can put the advanced rent in a separate account (per F.S. 83.49), and when upon the accrual of rent on the due date, you transfer the money from the account to your operating account.

I'm not familiar with the market but I've operated MTRs in a few different markets.

Hi @Scott Deetlefs, I’m in a high-level STR mastermind with lots of operators in NC who’re successful.

If either of these numbers is inaccurate, there’s the potential to operate on less-than-desirable margins.

We have a portfolio of homes we lease to assisted living operators that cash flow on average 3K a month.

The first lawyer handles anything that comes up normally in the course of business and often operates on his/her time as opposed to being the fastest.

Just a lot of systems, paperwork organization, and staying abreast of/within the law (required notices, addendums, etc.).3) The screening criteria we use:650 credit score or aboveIncome 3x the monthly rentNo pets (depending on the property)No smokingNo evictions, notices to comply, or money owed to landlords in the past 12 monthsProof of income and financial responsibilityAdditional:First, last, and security deposit due at signing750+ credit score does not require last month rent (helps incentivize quality tenants)Best of luck!

Lastly, while looking through the County Court Record I found a dismissed Eviction record filed this year Feb of 2024 on the prospect, the address listed on the record for the prospect (Defendant) is the current property they reside in but found another management company (RENU Property Management) as the plaintiff (this one was easier to look up as it operates nationally in several states).I usually have no problem with this as prospects usually reside in a known management company serviced in the area (Most are the typical corporate rental companies like First Key and Progress Residential, and some with the more known local management companies.).

hahaYou know I love you mateThey have various inspections CheaperDigital and easy to understand portal Best if you need to do more inspections over a year as all data is tracked and in the same placeNo BS PDF’sWe love them mateThey are another component that we added in order to pretty much make our entire operation digital and to not be dependent on local and incompetent folks 👍

This move is expected to generate an additional $30 million in operating profit for the fiscal year.The closures come as Seven & I consider a higher unsolicited buyout offer of $47 billion from Alimentation Couche-Tard, the parent company of Circle K.