As a landlord, I have, on occasion, had to get a Spanish speaking friend to help me interact with a tenant.

And if on the rare occasion you get lucky and can get $1,100 in rent, your expenses will be only 50% of the FAIR MARKET RENT of $12,000.In the same vain, if you have a vacancy and collect only $11,000 in one year, your expenses don't go lower to $5,500, they will still be $6,000.

They do pay off on occasion.

On the rare occasion we require a full background verification, we submit a request to the RCMP or local law enforcement for a criminal background check.If you wish to farm out the entire application and verification process, many property management firms offer a placement-only service ... they typically cost you 1/2 to 1 months rent for the unit being filled.

I don't know J.Scott and have never talked to him, so I have no vested interest, but don't mind giving a positive endorsement in the rare occasion, where something/someone delivers above and beyond expectation.The best too you in you rehab adventure

I can understand there are occasions where your client gets laid off suddenly and therefore can't buy a house, but overall it seems once you've secured a client and they sign a contract with you what else would prevent this sale?

Rare occasions you will see missed payments but I have not heard eviction issues.I am also in the market like you.

I've had the pleasure of working with the Navy on multiple occasions.  

Our other tenants pay the rent online, by auto-debit, and on occasion that transaction has failed to clear due to NSF. 

I have lived in Austin on two different occasions for over 10 years now and run a real estate investment company out here as well as hold my own income property here.