I have about 10 tenants who flat out refuse to cooperate...I believe they think they'll be outted as cheating the system.  2-3 other tenants are older or computer illiterate - very frustrating and not optimistic it'll go through 

I have done a flat fee instead of charging for utilities which has worked really well for me.

The company that I work with has a flat fee structure which cuts out the leasing commission and makes the revenues from the rents much more stable.

Traditional insurance coverage, RV’snormally stay a flat rate throughout the year, thus you will stillneed to maintain full coverage.

It very well could be true, some sellers don’t have the experience of a deal falling through due to a financing contingency, and some just flat out don’t care and want their magical number.

Should I focus on other renters altogether if the college scene is too competitive?

It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

My business partner and I have 240+ rentals in the Chicago market all single families and 2-4 flats.

It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

The other option is to refi the seller financing and the rehab altogether.