@John Warren, you are right about the REI market at the present time@Marion Nicholson, that would be my first choice but but it seems the local market here in Philadelphia has "run away" from us.

However, it's not the right choice for every sponsor or every property.

Given the choice, if the state permits it, i would offer a MTM lease, this is the assumption on Tenant owned homes.  

It is in bad condition needs a lot of work.  

LOLCoC: 7.1%Cash Flow: $175DSCR: 1.51GRM: 9.06Not great, but not bad. 

After a over 200 calls discussions with investors via phone calls, I discovered that a notable portion of my time is spent reprogramming bad money habits created by the way we were raised.

Most often, when we told the candidates that the lease must be done through an agent and commission needs to be paid to the agent, they shied away.An Exclusive Rental Listing Agreement has been signed for one of the two units, with a term ending in September 30.We believe that our agent made efforts on protecting us from bad tenants.

I've had some bad experiences with business partners in the past, which was my main concern when starting this post.

Hmm, hopefully you didn't get too nice of a property in too "bad" of an area.

I recently kicked out all tenants for a 20 unit to complete the Reno, but the condition was very bad.