I know some landlords are perfectionists but for me that seems to put too much stress on things and raises expectations to a very high level.Responding to tenants is a personal thing but for me hopping every time a little thing is noticed is not what works for me.

Like when paying a credit card, if I write a check and say "Full Payment for Account #XXXXXX" that's valid?

South Jordan here... been following the forums a few weeks, figured I should probably sign up at some point.Rich, a little disappointed you abandoned SD... as a native Dakotan (born and raised in ND) I know they can't afford to lose people up there!

I would consider raising your vacancy rate. 1 month = 8.33%, so I would use that as a minimum to stay conservative.

We keep guest info cards at our rentals.

You are all right...There is a substantial shadow inventory that the banks have not foreclosed on because to do so means that they have to raise capital for their reserves.

Most offers to raise capital are fake.

The other part of the theory is that rates could be raised with the expectation of selling in a year or two at a better price.

A 4% increase in one year on a property bought with 20% down would show an increase on your paper return by a 20% valuation if you raised the rent equally.

Runs about $125 from signstapler.com#3 is networking and passing out business cards, I use ugly yellow trifold business cards from vistaprint.com.