While I have a general understanding of what it takes to set up a fund, I’d love to tap into the collective wisdom here.

Eviction costs surged and so landlords needed to increase rents to deal with vacancy and collection loss and increase their screening standards.Then the eviction moratorium.  

These special taxes, as they are called, are collected the same way as general taxes (December & May) but are listed out separately.

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've still never owned a single family rental property or collected a rent check, but I hope that jumping into development will create opportunities for others to own their own homes and rentals that will serve families for generations.If you want to follow along for more of the journey let's connect.

Some areas of the west coast are allowing multiple units to be built out on a single parcel and in these higher COL areas, it's a boon for the homeowners, renters, builders and even for the local governments that are collecting the building fees.

Collect money, not properties.

Properly collecting these fees is a key part of financial success in real estate investment.And hey, why stop there?

Hot tub is notorious for collecting bad reviews. 

REI is about collecting dollar$, not properties.