Chase bank where I have my accounts will hold the cashiers check for so many days before crediting it.I wouldn't let any tenant move in until payment was verified.Chase has told me they have even had social security checks bounce from the government.I am not joking...............On what you can do to collect you first have to get a judgment.The in most areas you can go for a bank levy or a wage garnishemnt.For the bank levy you cannot touch social security,pension,or retirement funds.If those are pulled out the money will be reversed back to their accounts and credited.On a wage garnishment you can only collect up to 25% of income from their check and that's if they make over the federal poverty guidelines.If they don't make over the guidelines you can't do squat.If they make over 25% that is the total that can be taken out period.So if 2 garnishments are before yours you get what is left over out of that 25%.Generally the people will not stay at the job and will move to an all cash job to avoid the garnishment or they will file BK.There are collection companies that will buy the debt from you outright for very cheap or you can have an arrangement where they get so much of a percent of whatever they collect and the rest is yours.You can set it and forget it and put your time to other uses.Judgments are easy to get and very hard and time consuming to collect.The moral of the story is to screen your tenants very wisely and make sure the money is in hand.When I sell stuff on Craigslist I only take cash and I have a pen to check the bills.Some might call that over the top but I have never been scammed.Just like my friend said I was paranoid always looking for cops so I wouldn't get a ticket.My driving record is perfect and he has 2 tickets in the last year jacking up his insurance rates.no legal advice

Also, if you had a zillow video to your listing it will actually boost its ranking in zillows algorithm.  

Friends, your input will boost up my motivation level and help me buy my first investment property.

If so, have you been doing anything to boost your credit score?

In exchange I can provide helpful information on how to boost your credit without paying a credit repair company, and information about Real Estate Note Deals. 

I'm looking to invest in a small number of rental units (10 or fewer) in order to increase my cash flow and create a portfolio of properties to boost my asset value.I have a great job, and I'm not looking to get rich with real estate, but I do plan on retiring early and I believe owning real estate can help me do this.

On the plus side- you’re clearly learning how the P&L of an STR works, which is a great step in the right direction that unfortunately many investors learn *after* they’ve made the purchaseAnother thing to note: don’t “cook the books” in your underwriting by undershooting cleaning expense (if using Airdna) .. you should be changing your ADR dynamically to boost occupancy in order to *maximize* revenue .. but this in effect “maximizes” cleaning fees as well ..

I'd appreciate it.By the way, I'm ultimately going to take advantage of tax liens here in Florida; however, I see excess proceeds as being a better opportunity as a cash boost for the meantime.

what one of my C class bigger opeators does though is if he has carpets.. he will clean them then just die them a darker shade until they are black literally.. before replacement  . if your buying strong B class your turn over issues wont be as acute generally speaking but these morris houses and any house in any city that is on the low end of the rental spectrum this is your tenant base. so account for turn over accordingly... boost your cap ex and maintenance numbers .. this will help to alleviate these large turn over costs... at least you know going in.

I appear in the 200 - 300 listing range and boosts don’t really help.