So the normal "can i do work for rent" question is always asked and confusion and lots of reminders is all part of the game.

. - Generate payment coupons and/or reminders that can be mailed/emailed to the borrower each month.- Track loan payments and determine past due amounts and late payment fees, if needed. - Generate year end interest paid statements.I'm not a big loan servicing outfit, so it doesn't need to to be overly complex and have ALL the bells and whistles.

But, if you look at the property's entire risk/reward ratio, that investor just gave up a large chunk of the reward while keeping all the risk.That said, it may STILL be better than the alternative for that investor (doing nothing, paying off student loans, heck... buying more shoes).It reminds me of the story of Levi Strauss - in a sea of starry-eyed newly arriving miners, the guy who gets rich with the least risk is the one selling all those folks their jeans.

This really reminds me of how some people who review on Yelp/Urbanspoon will extort the business for a free drink or appetizer in exchange for a good review.

We reminded him and he kept delaying it saying its under process.We agreed and gave him a formal notice of 1 month (i.e. till 3 Nov).

I knew that was the right answer, but it helps to be reminded.

A Registered Agent in Florida is a person or company who agrees to accept legal mail on behalf of your LLC in case your business gets sued.In Florida, your Registered Agent can also serve as a general point of contact for receiving business and tax notices, payment reminders, and other documents.Your Registered Agent must have a street address in Florida (PO Boxes are not allowed).Your Florida Registered Agent must also be available during normal business hours (9am – 5pm) in case Service of Process arrives.

Although that type of thing happens in many areas of the country - it's just a reminder that East Cleveland is one of the roughest parts of this city you could invest in. 

I would've reminded "Unicorn man" immediately what the rules are and that he should be asking the NEW Landlord to give him some leeway.

Keep a camera handy and take lots of pictures of the property to remind you of the rooms and layouts.Buyers will go straight for kitchens and bathrooms when touring a new property, making these crucial areas of your home.Rehabbing a house is taking a property that needs some love and affection, lavishing all that upon it, and turning the newly rejuvenated property around to a happy new buyer.