If you're increasing the rent and communication goes dark that's an entirely different situation.

Timeliness and communication is critical when dealing with luxury markets and acquisitions, super jumbo focused lenders will often have dedicated processors and underwriters familiar with luxury real estate transactions. 

A wise investor will not try to get rich quick with shortcuts.

I’m a new investor. My family has a family farm consisting of 3 parcels of land. 2 parcels are owned free and clear. Each parcel is worth roughly $350K. That said, we’re currently cash poor. Any advice on the best way...

I know it's been asked & answered many times but since there seem to be so many new companies out there, hoping for an update...Looking for STR management software recommendations, and one of the features I'm part...

@Rich HupperIt's pretty common for car dealerships to lease the land they operate on. 

In your shoes, my goal would be to get to know folks and make connections - Open the door to have them communicate with you should there be any problems with the property and ensure they call you (not the cops).  

Even when I hear stories about investors that scale quickly, take on max leverage, partner up, etc. and get 28 doors in 2 years, it's either a situation where all details and context are not communicated (rich parents - for example) or it was a "just because something worked does not mean that it was a good idea" situation.You win the investing and real estate game by never being a forced buyer or forced seller and letting the compounding effect of time take over.

In the future, conduct more thorough screening and educate your tenants on proper communication practices.

If you’re facing a situation of non-payment or late payment, start by communicating clearly with your tenant about the situation.