Myrtle Beach and its surrounding communities - collectively known as the "Grand Strand" - have garnered a lot of attention from the investor community over the past several years. 

And Border Patrol was there often, with sensors on the bridge telling them when to come collect a new batch of folks. 

But if you're living on site and knocking on doors to collect rent, could work out for you. 

What if they have collections or judgments?

Hi All,I have two door's and am collecting rent on different apps like venmo and cash, but I want to open an llc and collect rent on through that.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

This includes everything from tenant screening, rent collection, and maintenance to managing budgets, ensuring legal compliance, and addressing tenant complaints.

Do you rely on local property managers, or do you have your own systems in place for things like maintenance, tenant communication, and rent collection?

Hide you money, drugs and valuables off site.If you do your own opens, do it for a couple of weekends.Once you have someone interested, you fill out a purchase & sale agreement, collect an EMD, open escrow, order title, verify ability to close with the buyer's lender.

Does anyone recomend a Rent recovery service or collections service that will go after a tenant who doesn't pay rent or skips out on the rent and leaves.I have their social etc. and they owe me 3 months of rent about $4500 and trashed the place.