So happy to have found this resource! 

My dream is to buy distressed properties, rehab them, rent them out, leverage other people's money to scale up, and hold my properties forever - basically the BRRRR strategy that @Brandon Turner and @Joshua Dorkin teach.I'm glad I found Bigger Pockets - a great resource.

Brandon Turner's "Managing Rental Properties" is a great resource for learning how to screen tenants.

Worse case, you get a professional tenant who sues you and even if not successful wastes money/resources....

I have to pay a monthly fee even if I don't do any tenant screening, but the platform also allows me to collect rent online and I don't believe they actually hold the money, unlike some other companies that have held, (and lost!)

@Steeve Breton from my understanding, once there is a non-accredited investor in a 506b deal, there are a few additional pieces of self-verification information that the Sponsor must collect, and once they have to collect if from NA folks, they must collect it from ALL.

There is no excuse for a PM not to transfer if they are collecting rents.

My conceptual understanding of seller financing is that you’re essentially the bank collecting mortgage payments from the owner (who maintains - or doesn’t maintain - the property) instead of collecting rent payments from a tenant who lives in your house which you maintain.

Welcome to Bigger Pockets, amazing resource.

We just collect a check for usually $400 - $600 above FMR.