I was charged a year’s membership. 

They are not allowed to buy a home due to tax and immigration reasons, so the company gives them a set amount for rent each month along with paying for other expenses. 

With these auctions being the first Tuesday of every month, it seems like a stretch to get soil tested in time 

Profitable months cover non-profitable months, so budget and expect it.

@Nate LaBlancesome PMs would probably be willing to do one-time showings, screenings, and placement for a month's rent, and then turn management back over to you. 

It really sucks to kick out single moms who have not paid rent in 6 months when they are crying in court. 

At 7% you will have payments of about $4000 per month and at full occupancy rents of $6600 per month.

I would not recommend going more than one full month behind.

Each person would pay $600 a month or even consider padsplit.

Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender•Appraised Value: $160,700•Monthly Rent: $2,150•Cash-Out Refinance: $3,200 after paying off private lender and myself•Rate and Term Refinance: 30 yr amortization, 7.25% interest, 70% LTV•DSCR: 1.45%Lessons learned?