Over the long run that approach I believe will lead to less rent collected overall.

The property we're dealing with is a bit unique as is the loan where it's a 1.0 DSCR and we're trying to optimize getting as much of our equity out as possible.

You'll want to make sure you have every contactor fills out a W-9 collecting their name, address and tax id. 

There was an agent who assumed the role of property manager, handling rent collection, but failed to pass the payments onto the owner.

I haven't bought since 2015 just living in retirement collecting rent.

I see lots of horror stories in these investing groups but I’m going to continue to float around with an aire of cautious optimism 😅

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

They also have one sole focus & that is to take care of the property, collect rents & stay on top of every day issues that occur.  

We collect payments through our in-house loan servicing and pay underlying mortgage.  

Clearly you're versed in numbers and assessing alternatives so surely you'll identify the optimal path!