What we have is a good spreadsheet with a list of tasks, and as they perform the tasks, I've been paying him via Zelle. 

Not sure why that happen, however the best way to screen a potential tenant is to see how they have performed in the past. 

I invite you to perform the exercise and find what your cap ex allocation should be.certainly $50/month for maintenance/cap ex and misc is not enough and this property is definitely cash negative when properly allocating for expenses.  

They recognize the buyer can destroy the seller credit, but they are in such dire straights that the risk is justified 2) the seller knows the buyer and has so much trust in the buyer that they have every confidence that the buyer will perform on the loan.From a buyer, it provides a means to get an interest rate from NLT q1 2022 that is a fraction of today’s rate.  

We invest in non performing loans and do some private lending as well.

But always remember that RE is a risky venture, and you could go through years of less than stellar performance.

While metrics like square footage or price per square foot matter, the number of bedrooms, bathrooms, and overall location are often more critical for attracting tenants.Engaging a property manager early on can save you from costly mistakes and help you invest in properties that perform well in the rental market.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – and they often select the first PMC they call!

Once completed, the goal is to get them rented and then pull money out of each house to build a high performance spec.

There is certainly a strong correlation to credit score and tenant performance.