This isn't meant to be harsh towards you, but you're going to have nothing but trouble and not make any money if these are the kinds of tenants you approve.You also do not move a tenant into another unit before updating and signing the lease.

chemical bank loans in Detroit on rehabbed turn key rentals. appraisals are hit or miss.

Now I'm a business operations engineer for a local pharmaceutical and chemicals company. 

But I’m sure there are some strategies that (especially bigger PM companies) use to purchase chemicals and apply themselves.

I don't say this to be harsh, but real estate is one of the fastest ways to throw money away if you don't know what you're doing.

Tenant shall only use a plunger to attempt to fix a slow or stopped drain, and shall not pour chemical or other drain cleaners into any stopped or slow drains.  

.- I recently passed on a house that has a methlab in it that had high levels of some hazardous chemicals that seeped down to the studs.- I have stayed away from homes that have fire damagePlease let me know what issues you see the most profit to be gained from and the ones that you just don't want to handle.

We are in a very hot market with the expansion of the petro-chemical industry booming.

(below)Type in the NSF And Late fees and then print it out and mail it with the rent due invoice to the tenant.She now owes $50 on top of the rent she owes.Step 3In the tenant ledger, we can see the original invoice for $787.50We see the Payment that bouncedWe see the journal entry we made backing out the paymentWe see the invoice for the fees we created andto the left, we see she now owes us $837.50.We send all the printed copies to her with a harsh letter.Once again I apologize for trying to take a shortcut and not just showing you how to do a Journal Entry from the beginning. 

However, I came to the harsh reality that its a very competitive market for those kind of properties.