For tenent screening I really enjoy using Rentredi.

Originally posted by @Jenning Yu:The problem with your numbers is that on the life insurance side you only considered the return produced by the new loan each year.You forgot to reinvest the profit from the prior year return.So in year two, you are taking a loan of $81,090 but the return will be $8,568 because the 10% return was not only on the $81,090 but on the $81,090 +$4,590 that was left over from the prior year.I made a better spreadsheet with also accounting for taxes.Cash value: 85% of the premiumLife insurance return: 6%Loan value: 90% of cash valueLoan rate: 4%Tax rate: flat 20%If the outside investment return is 10%, the insurance + investment overpass the investment in year 9.at 15% return, it will be on year 15.at 18% it will be on year 29,at 20% you'll probably be dead before :-(.Now if the life insurance return is 8%,if the outside investment return is 20% the life insurance overpass the investment only in year 8at 25% it will be year 11.at 28% it will be year 18at 29% it will be year 25at 30% you'll be dead before.Of course, a higher tax rate will favor the insurance side.

I am a licensed Real Estate Agent but I am not a broker, I pay my broker a fee for holding my license similar to a commission split but its just a flat fee. 

I was worried about the slab foundation and flat roof.

.: Biggerpockets sells a Lease Agreement Package under "TOOLS" at the top of your screen. $100 for a lease and several other documents, written by investors and attorney approved for your state.

Some ideas: posting on forums; reach out to your network; college campuses; business relocation sites; and yes, social media :) Use a good screening procedure to weed out unqualified applicants.

Get 100-200 agents paying a flat fee.Have you built out your model yet to see how many agents you need?

If I have a vacant unit that I think will fill quickly, I make every applicant fill out a free pre-screening application that is a google form.

You’d be shocked by how little actual screening many PMC’s do!

Late fees are flat fee charges while the 10% will be against any unpaid rental amounts.It appears that the actual unpaid rent has been satisfied now, this is why those funds collected were applied to the late fees next.