![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2927110/small_1705956005-avatar-hiray.jpg?twic=v1/output=image&v=2)
6 January 2025 | 12 replies
Are they still collecting rent and taking money that way, or are they billing you?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3178949/small_1738655475-avatar-quanp8.jpg?twic=v1/output=image&v=2)
4 February 2025 | 9 replies
Are you qualified to do so right now - have the contracts, inspection criteria set, screening, payment collection in place?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2429518/small_1697074821-avatar-alejandrom122.jpg?twic=v1/output=image&v=2)
4 February 2025 | 31 replies
G'Day Alejandro,As a few have already mentioned, take a peak at Toledo also.In my opinion lower potential for long term appreciation but solid/"boring" cashflow.I prefer my portfolio to be "boring" but cashflowing lolLow entry points (Sub $100,000), high rents (Above the 1% rule).Blue collar working class decent folks that will stay and pay.Depending on the area but no derelict homes, yards well kept, cars with wheels and all tenants are employed.Plus, all are sophisticated enough to pay rent online so property management doesn't have to collect rents with bullet proof vests and shot guns lolI'm bias toward Toledo but it's worth considering.Wishing you much success
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3170686/small_1737071462-avatar-emekao25.jpg?twic=v1/output=image&v=2)
23 January 2025 | 7 replies
By house hacking, you're immediately positioned as a landlord, which will adequately pressure you to learn how to structure your leases, screen applications, collect rental payments, resolve the nuances of managing tenants and addressing property issues, etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3163507/small_1735788725-avatar-estheri4.jpg?twic=v1/output=image&v=2)
1 February 2025 | 23 replies
Collecting rents is an art and a science.What you should depends on where they are with their late rents.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/228228/small_1621434679-avatar-investbaby77.jpg?twic=v1/output=image&v=2)
14 January 2025 | 329 replies
Forget collections agency.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3161022/small_1735188109-avatar-rosew40.jpg?twic=v1/output=image&v=2)
15 January 2025 | 6 replies
What if they have collections or judgments?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2714907/small_1736596369-avatar-gregg291.jpg?twic=v1/output=image&v=2)
11 January 2025 | 18 replies
Below is a link to the rent assistance program in Canton, Ohio; I would collect the current rent from the family and then provide them with this resource for help with future payments.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2525093/small_1695039066-avatar-milenag3.jpg?twic=v1/output=image&v=2)
17 January 2025 | 13 replies
(We are working on a generalized survey to collect info on our buyers/potential buyers so we can make sure we understand who our customers are while trying to dial in their preferences and patterns.)You are doing great things.
8 January 2025 | 10 replies
If you have more than one LLC, each LLC should have its own set of accounts.Checking: Collect all income here, then use it to pay bills, the mortgage, or maintenance.