@Vernon Welch II most tenants offering to pay their rent upfront are trying to compensate for negative qualification issues.NEVER override your screening process just because someone offers to pay several months upfront!

Which is easier to deal with than a non paying tenant.Once they're gone, you'll need to tighten up your screening process or find a PM to take over.

I also learned how NOT to screen a tenant and what class of property to NOT buy (for me in the future).

It was all risk capital on my part all up front since i would only get paid for success.. these were 200k duplex's at the time and I charged 30k EACH flat fee..

Quality over quantity.7.Master Delegation and Automation: PM is a complex industry with many moving parts—marketing, maintenance, leasing, screening, and more.

Since Camby / the Tri-County Conservancy District won't allow the utility service the tenant receives to be in the tenants name, and since it is a flat fee, I'd ask if the tenant if they'd like to add it to the rent or if they'd like me to send them a copy and they pay me separately.

The last house I put on Zillow and that worked out well as several people were pre-screened by Z.  

I have been living OOS for 10+ years doing Sec 8,,, Love it. 15% ++ NET caps based on cash purchase Buy right, reno right, rent/screen right, 

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

Phase #1 - Recovery  - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from  decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."