For me, operating in Pittsburgh and Allegheny County, where Pittsburgh is located, it's always better not to accept any sort of payments once eviction proceedings have started.

If you have your operations dialed in, you're going to be quickly make a profit on that referral.

I protect my interest with a minority equity position in the entity that holds the property and a clause in the operating agreement that gives me majority ownership in case of a default.

Generating leads is the CORE of real estate investing. 

Age and condition of property operating systems9.

Hi, Cheryl, I know this is an ancient post, but I just happened to run across it and it's still relevant and had no responses, so I figured it wouldn't hurt if I chimed in.I'm a landlord and I operate a lead dust sampling business in Philadelphia, Delaware and Montgomery counties in PA. 

Landlords mistakenly ASSUME all PMCs offer the exact same services and operate the exact same way, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services.This also leads them to ASSUME simpler is better when it comes to management contracts.

I would just accept that this needs to be a small scale operation involving close friends and family until you have some tangible experience and significant capital of your own.

I spoke with the tenant and said the shower will be needing new tile so while the toilet will be operable, the shower won't.

And, based on some really basic math: if that lifestyle costs $2mm/yr (the leased/financed G5, the FL and Malibu mansions, etc) and the typical core multifamily deal kicking off 4% cash on cash to LPs (if that), we could all have that lifestyle too.