The Grand Geneva on 50 is in Lyons Township. 

Before spending a few grand on a lawsuit to collect the unpaid rent, I would first determine if its worth going after them. if this is a C rental then its not worth it as you probably will never collect compared to if its an A area.

I sounded a lot like some of the newer investors I talk to “I’m making 6k a year off of each of my rentals, once I have 10, that’s 60 grand!

Hillsborough county utilities bill the tenants and will go after them for the bill, while in Pasco county they attach the bill to the property.And if the title company misses it or of you buy the property with some kind of creative finance yuh ou have to make sure you do your homework and verify they are not trying to stick you with a large bill.So what I do...is I hold a reserve of a couple grand for a week or so until I verify there are no out standing bills.

@Jared HebbQuiet title is a legal action (lawsuit) to clean up title.Depending on the state it can cost a few grand to $5k+.If you are the buyer you should not pay a dime - the seller should be paying this and/or his own title insurance should (assuming they had title insurance).They also take time, this will not be resolved in a month or two.

This would be a pretty standard rent for an average 3 bedroom house in the Rio Grande Valley of South Texas, where we live and work.

sounds risky Murphy beds are about 1 grand plus installation and you will still have a 1 bedroom Why don't you wait to you interview a tenant and offer the place with an increased price for a Murphy bed option?

At least thats how it works around here.He might do more over $25k than ones around here would for the usual few grand commission, but I'm not on board with this mentality of him deserving a full commission on a house he didn't sell just because he talked someone into the listing and didn't do anything else.

I don't have any grand expertise to offer, but it is still great to connect with a fellow investor looking to make a go of it in the area.  

We like to find these types of properties in:Mesa, ArizonaApache Junction, ArizonaSan Tan Valley, ArizonaCoolidge, ArizonaFlorence, ArizonaCasa Grande, Arizonaand Phoenix, Arizona (although we historically have stuck more to the East Valley).We find that the rent to cost works best with these numbers.