Put them on the payday rent payment plan.

I have way too much anxiety that if I am not adding people to my list of buyers and sellers every available moment, I am not getting closer to my next payday.

I don't buy "crack-shacks" and there is no guarantee the market will go up like it did last time, but it is hard to compare it against anything else.My market maybe unique that a "low-end" house is 50k and "low-end" rent is $900+.We have focused on buying in all three areas and looking for "instant equity" opportunities that will still generate positive cash-flow.

By doing that, we have known instantly when we found the diamond in the rough.

Then you create a second note for the difference between your acquisition price and your new sales price to the end user, less their money down to you (instant profit) and that note is a short term accelerated interest note to induce them to pay it off quickly or refi to pay it all off.So, you make the spread profit on your increased price to the end buyer, plus interest on the second note (monthly cash flow), and have no management/repair call duties whatsoever.

The second category carries a much higher risk but also is where you will find the potential large payday.

They invariably tout the "instant equity" at close as well as the ongoing cash flow and strong ROI.

So here comes payday and your boss said the company doesn't have the money to pay you but will next week.

And that's a decision with many variables that only you can decide on.Personally, I like the advice of some of the wiser people here who only invest if they can get instant equity of 30% or more.

Fix up that landscaping because it's the instant drive up appeal that you need to get tenants to fall in love with your place.