He is great with investors and can find deals that cash flow much easier, including some off market stuff.

Have them pay a week or two before they arrive when they are past your cancellation period.

For me, the first pass at underwriting is simply about determining if a deal is worth exploring further.In the current market, I’d say 9 out of 10 deals are dead on arrival.

In those cases rent is often only late if it arrives after the 5th. 

The S8 portion will very likely arrive like clockwork on the 1st of the month.One strong motivation for the tenant to pay is they lose their voucher if they are evicted or leave owing you a balance.

I cant make this up.When I had finally arrived for the last time, I had come to find out two days prior to my arrival he went to shut off the water to the house.

Determine the most likely sales price of the build (factor in the cost of the land also) and include all selling costs to arrive at your net profit and ROI. 

Lots of attorneys screw this stuff up. 

Airbnb cancelled the reservation the day before our guests' arrival, after we explicitly told them that we would not budge on our STRICT cancellation policy. 

Best advice: don't get emotional about a deal.Found first deal on MLS, but have found stuff on FB, Nextdoor app, and even yard signs!