... and we did buy 3 places for cash ... but that doesn't strike me as particularly creative!

I honestly don't know if they have any idea how under market value they are as none of them strike me as the internet savvy type so I can't picture them cruising CL to check current market rates. 

Here's what I pay: 8% Collected Rent1 month new lease for a 12 month lease, pro-rated for less.Pets is a deposit so they don't collect anything, I'd strike this or have it be 10% if its a monthly feeI pay any eviction costsSetup: Deposit for repair fund: $500NSF: we don't accept checks cash or money orderLate 100%.

@Bob Bowling Now THIS is what I was hoping this forum would strike up.

I was quite keen on one application, however, she then sent through an email from the applicant's property manager that said in summary, direct quote, "do not take x unless you want a permanent migraine". 

Samantha M. if you're asking about Backlinks for the purpose of merely having a backlink to your site, then there are a myriad of clean ways to get quality backlinks, one of which Ned Carey highlighted...being active on blogs and leaving your mark through comments (offering good dialogue, insightful comments, and providing value) is a great way to get a link and strike up a relationship with the blog owner.Why are you asking about backlinking?

You underwrote you pro-forma, which I now understand, and backed into the strike, which I also understand.  

I'll let the experts respond, other than to say that it strikes me as a pretty thin spread between borrowed (7-8) and lent (12) monies. 

Any time I see @Scott Trench's baby face on the forums, I feel compelled to comment...just can't help myself.Now, Scott - look at Mindy's question, and then look at your answers - does anything strike you in particular?

Hopefully something you say will strike a chord with them.