For that tenant, only used it for rent collection. 

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.

Based on years of experience with over 530 investment properties in Las Vegas, here are some thoughts to help you evaluate the value of property managers and how to find a good one.The Value of a Good Property ManagerMany people believe that a property manager's only value is collecting the rent.

For your existing primary, you will need to have it leased with the security deposit and first month's rent collected.

Hello everyone,I'm exploring the idea of integrating an AI chatbot into my real estate business to enhance client interactions and streamline processes.

If you were entitled to those lawyer's costs your lawyer would have asked for them in the lawsuit because a judgement gives you the most ability to potentially collect that money back from the tenant. 

In addition you can use it to collect initial security deposits or to bill the tenant for addition items such as billed back utilities, damages, etc.

Or at the very least, not nearly as much as an owner occupied Non-performing note you're attempting to collect on.But yes, when I say "you can lose more than your investment principle," I'm talking about the liability and overall risk exposure.

For collections in Southern California, try Sutton Law Center or California Judgment Enforcement.

There are other towns with much less city intervention and will have much higher chances of collecting higher rents.