When they got in too deep, they stopped paying on the first's letting foreclosure proceedings start, but still collected the land contract payments.

A typical property will go through construction first and once it is in service and collects rent/pays a mortgage it switches bank accounts.

I'm fairly new at the landlording side of real estate investing and I wanted to know what are some of the tools that you all are using to collect rent and record maintenance request.

So out of pure embarrassment I started to learn what it meant to run a real estate business.These thing are the best things I learned. 1) I'm doing this to improve my life and the lives of others2) These people are my clients not my family or my friends3) If I don't quit loosing money get out and leave it to others.4) This is way too easy to be hard.My first situation was rent collection. driving hours every month to collect rent, sometime 2 and 3 times just to find no one home.

I'm looking for a website or app that will allow me to collect rent and store leases such as Cozy.co (now Apartments.com).

Then I would put the judgement into collections.

So if she moved out on the last day of the month and thats what it states on the lease I'm not sure theres anything to collect.

We have considered after a year or 2 after collecting income  , to sell the homes for 10-14k , its hard to sell mobile homes  , but in a fantasy world , lets say we were to sell them for 12k which would get us back $276,000 , we of course hope to have made money in this time frame to justify the sell .

You could passively invest in apartments and mortgages with companies like Fundrise, or publicly traded REITS like Avalon Bay and Equity Residential that are both trading at a significant discount considering they are collecting less than 1% fewer rents this year during Covid than they were last year.  

What are the best and worst online programs you have used to help manage your properties, receive rent, charge late fees, collect deposits, receive maintenance requests, update leases, etc.