Development is a full time job. 

I think  it's Vegas doing poorly, which is just an indicator of the economy and times.

Any other tips for a first-time landlord?

I just got my Real Estate license and am pretty happy to have passed on the first try.

We had to save up the 5% to get our first place with an 80/15 first and second mortgage.  

Time horizon matters a lot too, talking to a client in their 60's wanting to retire is very different than someone in their 30's looking to build and accumulate wealth. 

I guess I'd like an option like that though instead of "Reject".Right now, they're just "Pending" in limbo.I'd be curious to hear others processes for handling this in PM software, even if you don't use RentRedi.I've tried to explain the situation to RentRedi support many times and they're making me want to pull out what hair I still have.Thanks in advance,Brandon

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $98,500

Cash invested: $15,000

owner financed on duplex, bought from a friend of the family. hopefully many ...

I have done cash for keys many times. 

The only time I see Joe is during the time to sell the program.