@Carmen Assang It'll come down to whether the cost of an eviction (both lost rent + attorney fees) outweighs the cost of eating 1 month of rent.

I explained that in the Great Depression there was these camp's of people without work, people needed to eat, and back then they were begging for work to get the $ to eat vs today when people just ask for the $. 

And seeing as it's an organization level with so much staffing we need HR, middle managers and organization managers.So now we are at a place that the staffing "suck" eat's up the revenue of a couple K doors, so we need more doors to make up for that, AND as we add doors we add more staffing requirements, which add's more "$-suck" so need more doors to get over that and it's a lovely feedback loop....... 

Hi Nazimuddin,It’s frustrating when rising property taxes and insurance eat into cash flow, but there are several strategies you can consider to help boost your profitability.

might be somewhat basic but when we inherit a building we take it as a chance to literally go visit and speak to eat tenant. 

It is hard to justify an expense that would eat up all of a majority of your cash-flow.An investor doesn't necessarily need 'any' professional but it really depends on your knowledge/amount of time you have.For example, technically, most people may not need a painter as the tools are available to them in Home Depot or most stores.

These quickly eat up profits and adjust the risk profile of deals. 

Agent can't waive it, they can eat the cost but as an agent I would not. 

Even if you buy it at appraised value EVERY single investor that buys at market value is under water day one if they have to sell.. transaction costs will eat into the market value..

@Stepan Fedetskiy section 8 can be good option if you have a good PM who maintains the property in good shape all the time as per the needed standards. best part is govt pays a portion of the rents so you dont have to chase tenants, downside the upkeep of the unit will eat up appx 20%. so its little tricky..sounds good on paper but when you go through one you will get an idea. i had 4-5 section 8's , 3 of them had no issues, but 1 of them had lot of issues and ate up all the profits.