Being the highest quality locaitons in all of MS or at least central MS you get the very best tenants.. then my office staff handled the monthly collections.. so hybrid.

- Also, what is their networth, so they are legally collectible for the guarantees?

Quote from @Tanner King: Where are the best places or best ways to collect data on specific markets?

Even if you own a property in TX, you are conducting business in CA because you live here, collect the income here, etc.

The previous landlord only collected half month rent as deposit, and I would like to increase the deposit to standard one-month.

So I told my tenants I wanted to switch to RentRedi for payments because it was more streamlined than collecting checks and such but then they would be forced to pay the $1 transfer fee.

Yes I understand what you are noting, and I believe on the commercial side of things they are typically not putting their names on the docs like you do for a resi loan but just brokering/underwriting it and collecting a fee as a 1099.

I should look at the expenses vs the income (rent collected) and not the selling price of the property. 

Buyer as ghosted me as I suspected she would and now I've loss 30K with no way to collect.

Collecting rent, preserving the asset, minimizing vacancy.