Don't get me wrong I know I will benefit from some measure of oversight I just wonder how much that is worth in terms of the split.

I use the 50 % rule to evaluate properties than apply the most realistic measure I can for taxes, insurance, maintenance and vacancy.

A lesson from last mortgage crisis taught us that even when we believe we have perfected the quantitative measure of intent of a borrower, we can be be proven grossly wrong.

A full day is not measured in daylight hours or an 8 hour shift!

It will be interesting to see how it plays out.I told my friend that given it took 2 years to get her out when that eviction happened I would have taken much more measures than securing a standard eviction.

We also provide tape measures, pencils, and clipboards so folks can make notes and measure to see if their favourite green chesterfield will fit in the living room.

However, I wouldn't take action or take drastic measures based on a post in a forum.

Here are a good book on financial measures:http://www.amazon.com/Every-Estate-Investor-Financial-Measures/dp/0071603271/ref=tmm_pap_title_0?

The only skills needed is basic measuring.

The reasoning behind a late fee is not as a punitive measure to the debtor but the additional expense in collection, accounting and administration required by the creditor.