Your applicant is clearly being less than candid and should be a automatic pass.

You still have to manage the Manager.I try to stress to Investors that you are better off calling yourself a Business Entrepreneur rather than an Investor once you buy Real Estate Properties.There are aspects where the Properties are like an Investment, such as rising in value due to appreciation, and there are aspects where it is much more of a business when you have to do extra work like evictions and re-renting.I consider buying war-zone D properties to be strictly a business because you have to spend a lot of time in it and you generally receive very little appreciation.I consider buying Prime Property where the management is incredibly easy as more of an Investment than a Business, especially if you can put into place things like automatic rent collection.When people tell me they want to make a lot of cash flow by investing in Real Estate by buying war zone properties, I have to ask them are they really buying an investment or are they buying a full-time job?!

That way when your buyer makes their payment the payment to the underlying or sub 2 lien gets paid automatically by that servicing agent (and you get the net difference). 

If you are too low people see the ad and assume it's a scam or too good to be true so don't automatically assume you should lower rent.Let us know how it goes.

They get a notification that rent is due a few days before the first and if they're late on the rent they are automatically charged the late fee leaving you to not have to ask them for the rent and late fees.

I'd definitely look into house-hacking, as in my view, it's like giving yourself an automatic pay raise by cutting your housing costs.Best of luck, and feel free to reach out if any questions arise.

ØI use a MailChimp automation that is tied to a Google Calendar.Basically I just plug the name, date and email of the guest into a Google calendar entry and emails are automatically sent to my Housekepers and they confirm back via email.

We were a few thousand dollars below the highest offer, but adding the "Price Escalation Clause" allowed us to automatically beat the other offers and come out on top.

Basically just make sure the communication is backed up to the cloud automatically! 

Also, with a M2M agreement no need for the lease renewal dance every year, it automatically renews.