Lenders don’t pay for problems.

It’s waaaaay easier for a company to fail or be unable to pay rent than you think.  

How come he isn't paying the full amount?

My initial interest in out-of-state investing stems from the high cost of multifamily properties in New York and the state’s renter-friendly laws.

I unfortunately basically had to switch to desktop to use the software. 4) Tenants have to pay a $1 transfer fee to pay through RentRedi.

When so many renters stopped paying rent during COVID, companies like SureVestor stopped taking new accounts because they were facing a significant number of claimes.I personally don't see it as a good solution.

Nor would I pay retail for a property with that low proforma return even though I like PR.  

My targets from my basic initial research is Texas, Michigan, Pennsylvania and Ohio. 

In the “old” days, people would have the seller pay the lender so as to not “alert” the lender that a property sale had taken place, so that the lender def wouldn’t trigger the so called “due on sale” that’s a part of almost every mortgage or deed of trust document.  

Pay to separately meter the utility.