You're going to have a hard time billing the tenants without proof.

So you’re saying you’d be collecting more rent (92% of $1,000/mo or $920 instead of $800, or $825, or $875.) if you were using a property manager?

I fired them last year.I just opened my mail to find a notice from a COLLECTION AGENCY stating I owed them money.

Instead of paying cash use that money and spread them over multiple dscr loan so I can own more doors and just collect the cash flow after expenses.

I have nothing to do with the delays, deposit collections  and etc... 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Plus, they handle online rent collection (a necessity if you don't have a property manager!)

These special taxes, as they are called, are collected the same way as general taxes (December & May) but are listed out separately.

Most lenders require some skin in the game, whether it’s a percentage of the purchase price or proof of reserves.

If you just handled it on your own/contractor self-mitigation, you would need to have some proof it was handled.