Originally posted by @Josh Mitchell: Water, Heat, Gas, pool, common insurance, scavenger, landscaping, elevator, tennis court, basketball court, parking, storage, laundry, clubhouse, snow removal, exterior maitenance, security door locksSome of the items you list will reduce your costs but many just go to pay for luxury items for the tenant.  

Usually, the cost savings they see from reduced time spent on rent collection, reconciliation, and accounting well outweighs the cost of PayNearMe.

Thats seems fair as either party can simply vary the option terms e.g. reduce or increase monthly lease.

I haven't done the math, but I wonder if you went with a 20 or 30 year instead of 15 to lower your payments and reduce your monthly negative cash flow?

The key it seems is to reduce vacancy.

My suggestion is to be proactive when you have a property turning over.

I am have been advising my clients to stay away from them.Family Dollar had gotten away from only one dollar items to sell and was mixing in high priced items which started reducing their profit margins.

The sellers (of estate) need to push this property fast and just reduced the price from $520,000 down to $405,000 and wont really budge as they have to pay a REVERSE mortgage off.

30 yearIf you want the cash flow and plan to add many more properties.15 yearIf you want to have the house paid off in 15 years to reduce leverage and have a higher cash flow. 

Good afternoon BP, I'm wondering if anyone has any recommendations for a good, proactive seller's agent in the Charlottesville or Richmond MLS?