I haven't received that yet.Well I guess irregardless of the unit being heated by electric or gas you still need to make sure the electric bill is being paid.

In addition, all Rent payments hereunder not made within five (5) days of the due date shall bear interest at the rate of one and one-half percent (1-1/2%) per month"The monthly rent is $1550 so the late fee is easy - I've set the account to charge 5% if the rent isn't received within the 10 days stated ($77.50).

So, if a home is renting $800/month, we as the property management company receive $80 per month. 

In the last 2 months I was receiving a lot of deals in my email account and I received a "great deal" from a small wholesaler; 2 hours later the same property address showed up in an email from one of the "big wholesale companies" 10k dollars more expensive... the property was gone even before I could call the small wholesaler.I believe both are useful and all of us need to make a living, so I understand their role in this business.

If you ever want to meet up in Marin and grab a coffee to discuss, let me know. 

The rates are high right now but these loans are limited based on cashflow so you cant take a loan that costs more than you're receiving in rental income.

I have received a few garnishment checks from the employer.

You'll receive a hearing a couple weeks after filing in court. 

I have received mixed information regarding this!

I'd have the PM send notice to the tenants that it was brought to the owners attention and they've waived the fee and thank you for being good tenants.