They explained to me how their team has bought thousands of properties in my area and they are highly experienced with finding deals for investors to receive great returns.

Because it just leads to more panic phone calls that require more time to explain.

Can you explain to me what your reserve requirements are?

Can you explain what some of those would be?

Please do some more research and let me know where you need me to explain or expand more.

The logic behind the calculation was explained in the subject video.

My attorney recommended that I setup the following entity structure:1) Holding Company LLC 2) Management Company LLC3) Additional LLCs to hold the actual properties purchasedThe way my attorney explained the above setup was that the Holding Company LLC in (1) would do nothing more than own the individual property LLCs in (3).

I have tried to work with the tenant and explain we don’t have anything to do with his past agreement but will honor it.

A family member even said its unethical or preying on people’s bad fortune... but both properties I’ve bought so far I’ve helped the seller get rid of something they didn’t want, and wouldn’t miss. and even though I explain that they don’t get it lol.

Your state law may require you to give more notice that 30 days (some are 60 or 90).You should really consider buying a book that explains the basics of managing rentals and your state law.