., Rentec Direct or Buildium) for easier management and automated payments.For the tenant who’s behind, it’s good you’ve set new terms.

Every market can be invested in successfully.

Supply and Demand: When buyers outnumber sellers, prices and rents rise.Population Growth: Cities with significant and sustained population increases are more likely to see long-term rent growth.Job Stability and GrowthA property’s value is tied to the jobs in the area.

I like this idea because it reduces the potential vacancy I could have by doing a short 3- to 4-month lease that ends in April or May, then starting over with a year lease.

TurnKey, Buy-and-holds, flips, or maybe long-term rentals?

@Scott VaethIf you live in part of the home and rent out rooms, you might be able to keep the lower 4% owner-occupied rate.Instead of a long-term rental that barely covers half the mortgage, could you do a rent-by-the-room model or target traveling professionals to increase cash flow?

Has anyone had success with Rat poison and if so which one?

I wouldn’t want to hold the loan for too long, so ideally it would be a 5 year term, presumably ballon payment at the end.

I would send them notice today that explains what will happen after the current one-year term ends.

@Allison Cutlip believe BP has leases for all 50 states and recommends RentRedi software.NOTE: the leases are very basic and short.