The last month's rent is a pain point with college students and getting this up front extinguishes all of the rent chasing in the last month. 

Ya NT is a pain and I know of many who wont even deal with them. 

You seem like a sharp guy, so I think the only way you can fail is to not pursue real estate!

Congress has a high traffic count so that might play into it some as getting in and out of the driveway can be a pain at times.

I recommend add most pain out on a quarterly basis to keep the accounting more simple.Feel free to shoot me a message if you have any other questions about this.

They had been bamboozled by a wholesaler who flat-out lied about the amount of work their home needed and that his crappy offer was the best they would ever get.They were nice kids, but definitely not sharp when it came to the real estate market.I sold their home for $121,000 more than the slimebag wholesaler's offer.  

This is a conservative policy of operations that we employ to counter a sharp drop in value like 2008.

It was a terrible pain to add 2 more deadbolts to the back door (as I’m not good with my hands, I ended up bidding it out.) but they were threatening to remove my tenant along with make me pay back up to 6 months of rent if it did not meet it in their time frame.

A great team is where everyone contributes their value and work towards the same goal and share the rewards, happiness, pains and the journey together.

If it's such a pain, why do people do it?