So I asked my landlord-tenant attorney (who is VERY experienced having decades in the business and personally handled tens of thousands of eviction cases) how it should be handled, and here is what he advised:- As soon as you notice the partial/unwanted payment, write the tenant a "refusal letter" stating that you are refusing their payment and ask them how they want it returned. 

The difference between a real estate agent and a Realtor is that a Realtor has voluntarily chosen to join a professional organisation of Real Estate Agents that governs their behaviour with very strict codes of ethics and best practices.

@Michael Gabin Hi Michael,It sounds like you are getting ready to jump and that you have already done a good deal of legwork - people have already identified the key categories: Single Family Homes, Multi-Familys 1-4 for residential investments and 5+ for commercial, Retail property and commercial properties - and then there are the specialist areas like Hotels and Mobile Home Parks etc.Some general guidelines are:Decide on your ultimate income requirement per month or per year - tax benefits and appreciation are often factored into these calculations but if you want somewhere to start that would be a good place.Once you've done that you can then start to work on the cash-flow per unit - a good rule of thumb is $200-$400+ for a SFR and $100-200+ for a unit in a multi-family ( that's Cash flow after expenses)If you plan to diversify within your Real Estate portfolio then you would be looking at a mixture of those cash-flows to make your required incomeThat leads you to think about how you would like to manage the properties - do you want to engage management or manage yourself - this is another piece of the puzzle to decide so you can get startedOnce you've got a clearer idea of the overall shape then you would decide about the best way to organise the investments in terms of capital outlay...Basically you would either;Pay cash outright - NOT a great plan financially probably don't need to go into that!

Hello all landlords out here... how do you deal with non stop packages sent to your rental property for your previous tenant?  I have spoken to the previous tenant numerous times asking them to change their mailing ad...

I haven't confirmed but I'm fairly certain that the basement isn't considered "habitable space" per city guildlines since it only has windows with proper egress in the kitchen area.My question is, how should I go about having an evaluation done to determine what I would need to complete to have the space permitted for renting without drawing unwanted attention that could have city inspectors knocking out at my door doling out violations?

I have not had a problem since.Lastly, once the moratorium is lifted, if you choose to relieve yourself of this tenant by issuing a 30-day notice to vacate, that decision may result in more problems, and you may find yourself left with all of their unwanted belongings once all is said and done.

Once that’s done can I transfer ownership of Property C LLC to Blue Capital LLC so that way Blue Capital owns 100% and manager manages Property C LLC.I believe this structure will keep all assets separate and organised and maximise asset protection while minimising liabilities.Any comments or opinions please state below.

Once that's done can I transfer ownership of Property C LLC to Blue Capital LLC so that way Blue Capital owns 100% and manager manages Property C LLC.I believe this structure will keep all assets separate and organised and maximise asset protection while minimising liabilities.Any comments or opinions please state below.

The next guy may charge nearly the same and not take the time to go the extra mile and replace that damaged wood which was outside the project and was obviously going to add to the cost of an already unwanted repair.If you are truly unhappy with the quality of the work pay him and move on.  

Once that's done can I transfer ownership of Property C LLC to Blue Capital LLC so that way Blue Capital owns 100% and manager manages Property C LLC.I believe this structure will keep all assets separate and organised and maximise asset protection while minimising liabilities.Any comments or opinions please state below.