Yes, they sometimes ask for extra types of security if they're worried about the borrower's ability to repay.

Very few entities get this for themselves unless they are doing something like getting a loan, but it’s pretty cheap to do and can be done on line usually.

I usually schedule an open-house style showing on a weekend, collect applications from interested parties that day so basically at the same time, and pick the most qualified applicant (the first one to apply who meets the criteria clearly listed in my ad, whose employment and references check out).

There was so much water that we had to use a pump and mini x to get to the shutoff.I am posting this because I want to add some extra emphasis on how important systems and good employees are to your success.I was in Hawaii over three thousand miles away and we were able to get this taken care of without me there and without help outside of our contacts. 

Once you get above a SF, the properties aren't usually submetered for water.

I always recommend to my clients keeping if possible because passive cash flow is never a bad thing and you can leverage equity down the road if you need a little extra.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Usually takes a while.

But those that do the “one on one” training also usually join a free REIA group or a free Facebook group to have a “community” experience.

I plan to use most of my own money, just wanted some extra capital incase I needed it to make the numbers work.