So basically there was no way that it could have been occupied as it didn't finish until late December.Moving on from there I closed in early January. 

Something I've been concentrating on internally very much lately. 

however, I noticed that I had still incurred a $150 late fee from the attorney along the way. 

There is much to learn: pricing, marketing, screening, contract law, lease enforcement, late/unpaid rent, property abandonment, squatters, maintenance, tenant neglect or abuse, communication, and 417 other things.Buying a decent property but not managing it well can impact your finances, marriage, sanity, physical health, and desire to invest.

@Kelly Calamia@Xander WeidenbaumThanks for your interest, we are still working on the logistics and plan to have something ready for mid to late May.

What I am getting at is, that tenants are often late, and you will have to become accustomed to working with tenants.

I could have put three B class doubles in front of you with good numbers before you finished reading this... time is money!

I read some books and saw the late night advertisements about real estate investing, so I was very interested in this type of property.

I've been spending a lot of time lately but I bought a new property.  

I have seen some people as of late asking about what forms they use for their leases.