@Tamika Davis One of the biggest advantages of most software on the market is to complete these tasks you mention (maintenance, leases, rent collection, etc). 

However I’m not ignorant to the fact that there is a lot out there just collecting money and not providing much. 

The lower level is called Foundations where you just go through his training (to become a sophisticated investor and invest with the people doing the deals) and get to attend his networking events (in order to build relationships with these people), but you don't get to work with Brad directly. 

Any good recommendations for the collection agency or any way to get the money back from the tenant or any way to report it to the credit bureau?

Originally posted by @Darius Ogloza:I knew a guy in Rochester who bragged about running a lease to own scam where he would collect option consideration from his "buyer," monthly lease payment for full rental value plus additional consideration representing the rent to own monthly payment. 

The tenants enjoy using the interface, it is simple to communicate with them as a whole or individually, collect rent payments and see when they are in transit, offer CC payment options at tenants expense, track maintenance request, share documents, and lease the property.Short comings are their financial portion.

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.

I looked into the maintenance option years back to discover a trend of:  apx. 8% monthly fee which only included rent collection (everything else from maintenance to turnovers etc, extra, and poor reputation on repairs.)

Ensure you collect a proper security deposit (typically one month's rent in Florida) to cover potential damages.Your plan to increase rent next year makes sense given rising costs (taxes, insurance, and maintenance).

I've never heard of anyone collecting but I'm sure it's worth a try.