I hope my tenants prefer to communicate that way.

I will say that my biggest success has been watching what the "big fish" are doing and than doing it better or more efficient.

Hello everyone,

I'm going through the process of splitting out my rental business from my fix and flip/redevelop business and I want to set up these legal entities correctly and ensure proper insurance for th...

Form a landlord perspective, we are not renting with utilities included (a big plus ... we are also able to assign the water/sewer to the tenant in our SFH student rentals) and, as an added bonus, it allows us to track the performance of our buildings following the completion of a deep energy efficiency renovations.

Very efficient and helpful for out-of-state investors.

@Joe Fairless The two things you addressed in your post are the two things I plan on putting the most effort into within the upcoming year before starting my REI journey.Look forward to further communication with you guys in the future.

After thinking through the issue, I have decided to offer the tenant 50% of the late fee bcause she communicated early and promtly.

We have a couple of student houses which are probably the most energy efficient and amongst the classiest {for a student rental} in "universityville".

I am okay with waiting for a tenant that has at least one english tenant over 18 years old because I want to be able to communicate with them on an ongoing basis.I am worried about discrimination though if I do not offer applications to those families that can not speak english.

But, with a little practice, plenty of communication, and proactive landlording - you'll be looking for as many tenants as you can get- Good luck with your investments - always re-run the numbers and account for the unexpected ( like replacing a HVAC unit..or two) Keep us updated with what you decide.