I guess you could collect an illegal commission if the sellers and their JV partner were willing to pay it. 

You can only collect rent from one person at a time, so if the old tenants rented it until July 31, but move out (and have paid rent) July 15, you could (with their permission) let the new tenants move in July 21. 

This means to focus your time in the areas that have the greatest value & impact such as how to scale your portfolio vs working in the weeds on things like property management, repairs, rent collection, etc. 

What is the best all-in-one property management software that includes tenant screening, applications, rent collection, maintenance requests, etc.? 

Columbus has seen impressive growth in appreciation and job opportunities, with around 80 people moving there every week.

So you too need to develop some reserve accounts - one for repairs, and also one for property taxes and property insurance payments - which are big expenses that are due once a year, but your seller will likely not collect like a bank might escrow for you.Know that seller financing gives you lots of options to negotiate your deal - but that cuts both ways.  

Unfortunately I was forced by the title company to pay these out of my escrow funds and I will never be able to collect from the tenants. 

They've made rent collection an easy process for us and it's free to use as well!

She says she only cleans it every night and collect change 4 hrs a night.

Accessing money from the stock market is expensive, whereas you can access the money from your real estate by collecting rent, cashing out equity, a line of credit, selling and investing in multiple properties, etc.I have a relative who has over $2 million in the stock market.