I’ve had a lot of different clients, especially people house hacking and getting started, that are worried that they only have 1-2 properties after a few years.I have to remind them often that we are in a high priced, high appreciation market and around here 2-3 properties might be enough to retire off one day when paid off. 

I have 3 properties that I use it for and now tracking expenses, rents and sending reminders is a breeze.

Approach them as you would anyone else, you never need to bring up the word "foreclosure", that owner already knows what position they are in, you sure don't need to remind them!

First, let me remind you of your argument above: Tim said: "Here's a bit of science for you Jason.

Leonard: Thanks, it's important that I remind myself many posing as investors are really off base and not approaching this as a solid business. 2010 will be about aligning relationships, pro bono efforts for other investors and mapping out a targeted area per my continued learning and advice of much more seasoned pros like Peter.

This is a second reminder to press* forEnglish.

To blatantly say that sub-2s carry too many risks to be a viable transaction is irresponsible, but so is the way they are presented by those who profit from spinning the deals, IMO.Lastly, some of this reminds me of telling my grand daughter that the four legged animal she was calling a dog was in fact a cat.

My preferred practice when dealing with amounts owed of less than a month's rent, is first of all to send monthly statements showing their balance, and a reminder that our lease terms specify that any money collected is paid to the oldest amounts first.

Don't take it personally - they're just doing that to pull you back to their level.Then remind them that if they're ever down on their luck, they will always have a place to live.

and combing the forums here for added lease clauses that the more experienced landlords here use.I'm extremely grateful that my wife read the legal books and reminds me of what we can and can't say or do and how to make sure we do what is required.