Some argument can be made from the buyer's side on late fees if they aren't clear in your state law or the contract, but there's no obfuscating the way any money collected is applied to the legitimate payments.  

Collect a reasonable non-refundable earnest money deposit up front (say $10-15K), and charge them above-market rent for the opportunity.

Try to collect on the judgment yourself2.

It should also make potential LP's more comfortable knowing you have considerable skin in the game plus the fact you are profiting from the merits of the actual deal at time of sale rather than collecting fees.

Abad,I'm not sure why they send this report - to show you how poorly they are at collecting rents? 

If you give them $1M and you collect $100k in interest, that interest is taxed at ordinary income rates.

I am starting to build out a site to help with an agent's lead collection and online brand.

., including Columbus, OH.An assessor ("auditor" in OH - https://property.franklincountyauditor.com/_web/search/commo...) determines value and enforces the millage rate; the commissioner ("treasurer" in OH - https://treapropsearch.franklincountyohio.gov/) issues the tax bills and collects payments.

-Collect rent that is similar to what their payment would be; which will be much higher than your current mortgage.

He qualified the people, sold, originated, structured the deals, and I'd collect the paperwork needed to close them out, progressively solving bigger and bigger hiccups without the LO's help or input.