This step could be a decision maker from buying a gutted, burned home to an actual person that wants help and will cooperate once you take over the deed..  

You should definitely be charging more because you will have multiple tenants that are unrelated and with poor qualifications so the risk is higher.Your current renter is willing to hang onto it over the summer even when she is rarely there, which tells me it's probably below market already or it's at market rate but she's going to sublet the rooms to other people and turn it into a money-maker for herself.If your current tenant is under a lease you may be stuck until renewal.

I am new to the Real Estate business, in fact it's still just dream that I hope to make reality in the near future.

To avoid that I suggested that they can make rent payments through direct bank deposit, which they are okay with.Tenant said they can either do a wire transfer or ACH transfer.Are there any downsides to giving the bank account # and having them make rent payments directly?

It takes a long time to see results in this business, which is why 95% of the people in your shoes will quit before they make real progress towards their goals.

We did a very nice total remodel and it is stocked very well- i.e more than 4 forks etc and tenants really appreciate it... coffee maker, spices, quality cookware, bikes, beach accessories.

I’m an IT professional working in corporate America the last 18 years and it’s time to switch gears and make RE my primary focus to create passive cash flow.

Free Pizza in exchange for door flyers.Little things lite Halloween Parties, best door decoration contest, monthly community news letter, bonus for re signing lease (coffee maker, ceiling fan, free carpet cleaning)Frequent Maintenance CRITICAL for 3 Reasons:The longer you delay, the costlier it getsDeferred maintenance turns off tenantsProperty Value will drop Do you want a high cap rate or a low cap rate?

My goal is to continue down the path of real estate investing (I currently own an STR in a resort town in Idaho) and to eventually make real estate investing my primary focus.

In homes i've worked with in the past I usually skip trace the next of kin, then give them a ring to see if they can get all the decision makers for the property on board to have a conversation with me!