I want to put in place some incentives for new tenants and want to know if anyone on BiggerPockets has done something similar.Here are a few ideas I have had:First Month Free: Sign a 13-month lease and get your first month freePets: No pet fee for the first 6 months, year, etcRent Discounts: Offer a discounted rent for the first month or two fortenants who sign a pre-lease agreement before a certain date.Waived Fees: Waive application fees, administrative fees, or securitydeposit for tenants who pre-lease.Free Utilities: Offer to cover utilities such as water, electricity,or internet for a certain period for tenants who sign a pre-lease.Upgrade Packages: Provide upgrades or amenities such as free parking,access to a fitness center, or a smart home package for those whopre-lease.Gift Cards or Vouchers: Offer gift cards or vouchers to localbusinesses such as restaurants, cafes, or grocery stores as a signingbonus.Flexible Lease Terms: Offer flexible lease terms, such as shorterlease lengths or the option to renew at the same rate, to incentivizetenants to pre-lease.Refer-a-Friend Program: Encourage current tenants to refer friends orfamily by offering them a reward if their referral signs a pre-leaseagreement.Early Move-In: Allow tenants who pre-lease to move in a few days earlyat no additional cost.Guaranteed Parking: If parking is limited, offer guaranteed parkingspots for tenants who sign a pre-lease agreement.

Physical therapists, specialty doctors and administrators often need short stay long term rentals.Remember that you will need to vet each guest and use a regular lease, not a rental agreement for under 30 day stays.

I went to college and got my degree in Fire Service Administration and right around the time of returning home, I got the Real Estate bug myself!

40% go to the lawyers. 55% goes to claimants in the class, and 5% or so to administrative side to notify claiments through email and snailmail.

I suggest you get in touch with BP moderators/administrators to remove your post from the site because it wasn’t your intention to use the word “scam” regarding your transaction with @James Wise.

Humboldt Park also has a lot of good deals.Don't overlook the South Side either - Woodlawn has seen a massive resurgence in the last couple years with the Obama library construction. 

While you are not required to have a property manager for your long-term rental (short term is a different story), you can only handle administrative functions such as making phone calls, paying bills, selecting a contractor, etc. and must be completely hands off. 

An S-corp is a great way to save on taxes, but only at certain income levels as you have to weigh the new administrative costs against the tax benefit you receive. 

PM system administration?

My background is in healthcare administration and revenue cycle management  but the past year I have telling myself, I want more from myself which is when I decided to learn and participate in REI.