When a tenant is far past due on a balance (rent, late fees) do you first take it up with collections, or small claims court? 

I think there is a weird balance here, among professionals, where people may not want to bad mouth fellow professionals, particularly from the same areas, which can create a skewed picture. 

Examples include:Capital One Spark: Great for cash-back rewards.American Express Business Platinum: Excellent for scaling businesses with travel needs.Tip: Pay off balances on time or early to build a solid repayment history without impacting personal credit.4.

It's an interesting time to invest in the Phoenix area as we are starting to see interest rates coming down & in some pockets of the Valley, we are even seeing a balanced or in some cases a buyer's market. 

I'm genuinely asking to understand the use case for my self for an individual investor.Re. balance, as someone who is a former CPA and has prepared financial statements for multi-billion $ funds, I understand the important of a balance sheet.

Specifically I now track month end account balances, maintenance expenses and have a detailed list at my fingertips of the tenants that are late on their rents.

Plan out what you think your loan balance will be at the end of the loan period and calculate a new interest rate versus the old to see what DSCR ratio will be.

@Mary LopezThere are second tier lenders out there (non-banks) that will do small balance commercial. 

There can be redeeming factors that counter balance a deficiency in a particular area. 

$1,200,000 purchase price and the balance for closing costs, repairs and reserves.There are ways to obtain financing in Mexico, but most sellers are expecting cash deals.