Doing so ensures they've had notice sooner rather than later, and also so they know I'm running a business and not simply enjoying a hobby in real estate.On the other hand, if the tenant doesn't pay the rent when due, the law in Michigan only requires a 3 day notice.

if it MUST be something creative, you could just simply to seller financing, or a rent-to-own situation.

Then it is a win-win-win situation, investor wins because he does not have to go do a lot of research , invest smaller amounts, get a single K-1, sponsor wins because he can raise larger amounts from a single fund of funds entity and fund manager wins by generating income from the spread.

It was like surfing a wave of opportunity right to the shores of prosperity.Here's one method that's helped me achieve success: I flaunt my wins, transactions, and triumphant stories on social media.

If your rent is always paid before the 10th over a sustained period of time you are winning. 

I've crafted terms that are a win for me and for my buyer, but my intention is to hold the deed of the property until the buyers's note to me is paid in full, exactly as the banks do.   

Additionally, having your interior design business involved in a multi-use property could be a win-win, allowing you to both house your office and generate rental income from other units.The Indianapolis market is thriving for real estate investors, particularly in new build multifamily and duplex developments.

Both of these providers have the ability to store docs and other info about your property.But if you're looking to simply track links to your mortgage servicer, utility providers, etc. a simple Google sheet should do the job.

For month to month, simply send non renewal notice. 

We all have short memories or those that are newer simply dont know and they dont read the fine print of their mortgage docs..