If towing the car doesn't prove effective, maybe you could write a clause in the lease where you go into their house after five days of non-payment and take whatever property of theirs you desire.

My journey to the world of REI began with my personal experience as a renter, HGTV, Dave Ramsey podcasts, a desire to become an agent, and now the Bigger Pockets podcast.I am most enthusiastic about building a portfolio of rental properties for financial freedom.

After a year or two, if you so desire, you can break off and go with a discount brokerage or start your own company.

Problem with that might be that your GC won't watch the prices on labor which is ridiculously high right now: these mandatory 3 estimates on big jobs might be from couple overpriced big companies and one lower from a friendly company to your GC.You first need to build relationship in the area to know what the prices are generally: labor, materials, location of the property, desired finishes.The last note: good properties go with much higher prices than min bid, because of very competitive market.If you buy a property for $100K, it will be totally different rehab cost, quality of finishes etc than a property for $500.

As with all homes, location and price range dictates demand but overall Tomball is a highly desired area with good amenities so a well-priced property will sell.  

As experienced investors, would you proceed knowing that the cash flow is there, but without the desired Cash on Cash return?  

While I was determined to return, most did not have the ability or desire to wait.  

My husband and I own a vacant lot near the riverwalk in a highly desirable (A) neighborhood in San Antonio.  

It seems like I chose a desirable area to live and around the time the reno should be done (week of Oct 2nd) I may expect to have a tenant that week or the week after.This place was bought with hard money, 20% down.

If its a desirable property and they are busy, they can blow you off.