Hi Nikki - You should double check your local rules but I believe Texas allows for both a one time late fee and a daily late fee so long as they are "reasonable."  

After 21 years of  the daily grind and at 42 years old, I am moving on to bigger(pockets) and better things. 

I am reading a lot and listening to podcasts daily on everything on this.  

Metro Detroit is very, very nice, and the city is transforming in a positive way almost daily.

Up date your listing daily, add more info to your lisitng,  and keep the phone handy you'll get the calls.

That being said I still search daily in my target areas (mostly for multi-family) and have a salesperson in search for me.

Email or call them everyday to see where things stand, ask what you can do to speed things along, when they realistically expect to be ready, ask if you should be cc'ing someone in underwriting on your daily emails (they won't want you doing this one but you get the point.)

When money becomes more substantial people can get away from that type of high drama investing that can suck the life out of your soul on a daily basis.

@Jerome Depner, @Brett TerBeek my report on the Sevierville, TN area was a 15 page document that included things like # of active listings broken down by # of BRs, occupancy rates by month and # of BRs, annual and monthly revenue by size and percentile, revenue per available room, average daily rates, extra fees owners are charging, % or rentals that have certain amenities, and top 10 AirBNB rentals by # of BRs.  

I pay attention to the multi-unit properties daily.