You still need to serve them the notice to Pay or Quit and continue with the eviction even if they move out.You will be awarded a judgment at which time you may be able to collect all of the rent due through the duration of the lease.Get yourself the proper paperwork and get a new PM immediately.

I think the key will really be in the marketing.If you can market the properties properly, and you can get some interest/excitement for the project, you'll probably be set!

Most of the time the homes are those bought when something is expanding.

I guess the next step is to start educating the people of St.L how to act as a tenant, and how to properly pay bills.

I am 26 and I am just expanding my horizons as I learn how to invest my money.

That is; (1) outline the points you want to make, (2) put them in order of descending importance, (3) sub-categories for the back up info on each, also cover what action you are taking (firing) and what action you expect from her full refund etc), (4) actually writing the letter, (5) make sure it all fits on ONE PAGE (6) proper business letter format, (7) spell checked, (8) set it aside for 24 hours to cool and then re-read it for effectiveness, Then mail it.The only good job of management is the one you do YOURSELF. all cash

If you simply throw your property into an LLC or Corporation, then fail to maintain the entity properly, you make it much easier for an aggressive plaintiff/attorney to set aside the corporate veil and come after you personally.

Either do the "proper marketing" now and assign the contract in less than 30 days, or extend the option (you have the proper clauses, correct?)

However, I've learned that this subdivision will expand with another 100 single family homes, and that adjacent to this subdivsion two more subdivision will be developed with about 125 and 200 more units, respectfully.

The FCRA requires them to show you proper written proof of a contract with your signatures and other info on a black and white paper.