That is without using social networking sites like facebook etc.

I'll get that from the courthouse.I'll need the loan number of the mortgage wit US Bank, the GF may have this as she has been making payments, otherwise I will need the borrower's social security number forthe bank to lookit up as they probably won't give me the loan number at this point.I'm also going to need a Special Durable Power of Attorney from my inmate owner as he won't be showing up to do anything.

The deposit was $500, credited towards the total security deposit, and the tenant told me she would be getting the balance from a social services agency once I provided her with a copy of the C/O to send them.That took an extra week to get, but I gave her the C/O and she submitted it to the agency yesterday.

Many of my clients pay their salary in December once they know what their year end is going to look like.You will have to have very significant(Greater than 5mil) earnings to be ineligible to operate as an S-Corporation.They will only pay Social Security and Medicare on their salary the additional is passed through to them as a distribution which is not subject to SS or Medicare.As I said before though if you are in a very high tax bracket you may want to consider setting up differently.

http://www.inman.com/news/2012/06/12/new-reo-rental-program-seeks-returns-investorsLooks like there's some "mission driven capital" entering the fray now too (read... we can completely screw up our acquisitions and deliver terrible returns because we're providing "social change")

We can’t advertise, but market ourselves by attending a handful of the local REI clubs each month and spend time socializing and getting to know our borrowers who, in our case, are local house flippers.

Because its income from self employment, you also owe the medicare and social security taxes aka SET or self employment income.

These include social security, medicare and unemployment.

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It all depends on the tenant base as mentioned.The bad credit ones will wait and see if you pay the money to file eviction and will not care about the notice you give them.Make sure in your lease you have language that states the security deposit CANNOT be applied to last months or any months rent.If you do not have that in there you can be in trouble.Sometimes if the tenant is a good tenant that falls behind the landlord will let them apply the security deposit to catch up that one month if it makes sense.You need to get an written agreement in writing though signed by the tenant authorizing this.With college degree highly educated tenants the job is more stable,they have reserves for bumps in the road,etc.This is not always the case but works in your favor with percentages.With lower income the education tends to be less,they work 2 jobs to pay the rent,the rely on multiple incomes in the house hold to pay the rent,charity assistance,government programs,etc.The cash is more but you are almost a social worker and the drama that comes with it can be too much to deal with at times.