Rents are $17,700  with tenants paying their own utilities and total costs are $12,030 including the mortgage payment.(10% management $1770, 5% vacancy factor $885, maintenance $885, lawn care  $900, 10 % Cap ex $1770, Payments $5820)This leaves $5670 dollars a year in cash flow for a ridiculous 56.7% cash on cash return! 

However, if a bank states they'd like to see funds in a bank account for at least 2-3 months, before they are willing to accept those funds as a down payment, it doesnt leave many options.Example:  I need 20k down to purchase my first investment property and i have a HELOC for 100k. 

I am seeing more and more probate deals as Baby Boomers, like my parents, pass away and leave property to their adult children.

The judge signed the vacate judgement , giving the tenant 10 days to leave .

My father-in-law recently had tenants break contract and leave early.

Dont ever go to the property without a witness and have a constable with you when you are changing the locks once the eviction is complete.There is a chance he will leave once he gets the letter from your attorney.

I purposely leave things they can do and learn from and be paid for.I'll always keep some core competencies I do well and like doing (like tenant screening), but have been paying others much more in recent years. 

You’re leaving yourself wide open for a fair housing violation without set parameters. 

Most (actually all of them I am familiar with) will allow the buyer to leave in escrow a certain amount to ensure the repairs are made.

I am going to research laws in Missouri, but does anyone know how I would go about refunding the already paid rent if she does leave?