For any chronic late payments of room fees or utilities, more than 3 late payments in either category, will result in room fee increase of $50.00 per month."

Dealt with chronic lateness when I did OF deals on mobile homes...just remember - you're either training them or they're training you.  

Late payments has been a chronic issue since I bought the property.

My problem is that this tenant is chronically late on his payment - even from Pre-COVID times.

However, we know from the current owner on one of the properties that the tenant was chronically late when she was receiving a direct subsidy.Has anyone else experienced a situation like this?

The rubber is finally hitting the road two months after contracting chronic real estate fever.  

I have 2-3 that are chronically late in paying rent, but one is a Section 8 and the other two are people I should never have let rent based on income.

A lot of the value you provide will be your ability to organize the chronically disorganized.Priorities: In the case of realtors, for instance.

I decided this year to reinstate my CA license after my daughter was diagnosed with a rare chronic illness. 

We operate a Turnkey business in Cleveland, Ohio, however, the following theories I think hold true anywhere in the country, perhaps even the world.You want to connect yourself with experienced people that are familiar with the local market or the immediate market you are consideringCheap properties will inherently normally carry a little higher riskDo not cut corners on your renovations, you do not want to deal with chronic maintenanceBe patient when placing and screening tenants, the better quality tenant = longer stay/less turnover, timely payments, care for property betterYou want to find a reputable and sophisticated licensed property manager = huge weight on the success of your hold SFRHopefully this helps you get moving in the right direction, if you want to chat or have any other questions feel free to inbox me or call me.Good Luck!