It's great to be prepared and have your duck in a row but we don't even start discussing eviction until they are at least a month late or behind by 1.5 months of rent. 25% of the time tenants are going to be late and about 10% are going to be late consistently.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!

I only have one investment property in CA and that's been the most stable and best performing asset out of all of them@Wale Lawal Once this flip gone wrong is taken care of my portfolio will actually be pretty stable.

Because the property is so unique pricing likely needs to be as well, maybe consider that based on the property needs/maintenance and location you may not want it consistently turned over so maybe you open 28 day slots and allow use with a 1 time per month turn over.

We have created work instructions for every step of the process so we can maintain consistency in how we evaluate properties, communicate with tenants, market our properties, handle rent increases, manage property turnover, etc.....

I think what you’re referring to is a checkbook IRA so you can bypass the custodian when performing transactions/investing and all assets/accounts will be held in the name of a special purpose LLC or Trust which is the instrument that gives you checkbook control.  

Perform due diligence by reviewing the financials, market trends, and property condition.

It stands out for its affordability, consistent appreciation, and reliable cash flow.

They have a system that tracks this exact thing, so an investor can see exactly how the investment is performing.  

I can tell you the money is consistent however approvals, paperwork and follow up is what you would need to be good at.