Again 20-30% is fair.I have an almost 100 year apartment building where I pay some of the utilities. 60% is a fair estimate and it's often more than that.I have a couple of older houses in 'bad areas' where the tenants regularly trash the property causing thousands of dollars in damage and move out in the middle of the night.

I would recommend checking out the landlord resources tab.  

The deal was done.Banks and checks didn’t exist for them and so every month I would personally go to the property and collect the rent in cash.

There is no doubt that REI in Section 8 is risky, but the entry point is attractive with leveraged yields well in excess of what you can achieve in regular REI.  

I am looking for a solution in which we can deposit checks from pictures of the checks.

He gets pretty detailed in his underwriting processes so I highly recommend checking it out.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..

Or you can check out or Labrador Lending wesbite. 

Ask to speak to their other landlords as a reference.A few things to check for.

Call the police agency that responded and get the police report numbers for the reports before the hearing, they will not release the reports to you, but they will to the district judge.Show up at the hearing, explain the situation, give the police report numbers to the judge.If they check out, you will usually get an order of judgment immediately.