The equity portion will end up being the positive with the buy and hold method, so I’m looking for a way to be creative to get to a better income flow/better return.

I would either cold call them and then if I can’t reach them by that method, I then send them a physical letter by mail, but I’m seeing that the cost to ship these letters are adding up. 

Please provide proof of on-time payment of rent, during the tenancy, for existing tenants.What method is currently being used to collect rent?

Logan, some really good points and methods for rent collection.We do much of the same.We use online processor Schedule My Rent and pretty much make that the only way to pay.  

This is an outgrowth of in person auctions and so there is no standardization like you get with eBay - Know when the pickup is and that you will be available and also be mindful of payment methods.

People will always tell you their method is better, but eventually it comes down to you to make the decision.

Look into house hacking, BRRR method.

What's your preferred method for Background/Credit checks and Applications?

Hi Christina,I am the CFO for a Pinellas Property Management in TB FL and I use the following methods when verifying income for military personnel. 

Brewer method is famous   you can google it