The slogan “press on” has solved and always will solve the problems of the human race.”Calvin Coolidge

He was less successful dabbling in the eugenics of race, proposing financial rewards for the poor and those he deemed genetically disadvantaged -- that’s code for black -- if they volunteered for sterilization.There is always risk of overreach when people venture outside of their skill set and into other fields.

We are talking about two ends of the same horse. 

So with the financing in place, I signed paperwork with the hard money lender and we were off to the races.

hi everyone, i would like tell everyone that we are all real estate investors. we work at our jobs very hard to save enough money to get into real estate and try to make some decent money, to be able to get out of that rat race that most of us go thru every morning. and because we all know why we have gotten into this business in the first place.

My guess would be that if tested in court, the date the transaction was initiated by the tenant would be considered the payment date, even if it takes 3 days to post to your account.To summarize my opinion on this situation - think of it as a carrot and stick choice (like trying to get a horse to do what you want), try the carrot approach first, if that doesn't work, use the stick.

i agree with @rick@Rick Baggenstoss undefined when new development comes to these areas it puts a sense of excitement in the people that live in area. the risk comes in your ability to weed out the tenants that will be long term and be there for a while verse the tenants that will not pay on time or at all and won't be there for long for one reason or another. i personally prefer nurses or someone with a more stable job then a temp agency or kmart can offer. i also look for what kind of car they drive. its newer they might have a loan out which is a sign of a more stable income. also how long where they at their last address 3 years or more is a good sign. but even with all that under their belt the more personally issues might make them a headache to rent to.in regards to most "warzones" being black is entirely untrue. most are a mixture of all race. the term warzone comes from the crime rate within the city not the neighborhood and condition of the buildings within. there are some great people with these buildings that make great tenants and live very stable lives. thousand of diffrent situations that make them bad tenants and good tenants. your screening process makes all the difference in these areas but thats still no reason to shy away from them. real estate investing is suppose to be challenging and if your in it for just the easy deal minus the tuff then your in the wrong game.

Don't put the cart in front of the horse.

I'm sure there was a lot of horse enthusiasts that had a thoroughbred as a status symbol and said they would never get rid of ol' Wilbur and get one of those automobiles.

Don't say race or whatever protected classes there are.If you just state facts, how could you lose a lawsuit if stating pure verifiable facts?