However the excuses she has (and I’m sure we could all write a book about them) are, how to say it kindly, laughable almost.I usually get a text saying she will pay by a certain date, which passes and left her a voicemail today asking to talk - I am trying to be understanding and said let’s talk on the phone to discuss a plan, but at the same time - don’t want to keep someone around that is not going to follow their lease terms.Questions:How often is it OK to ping a tenant for late rent?  

I am trying to understand land contracts and how they work.

My current CPA doesn't understand real estate. 

Living in the property during the renovation not only saves me on living expenses but also allows me to intimately understand its potential.

@Allan Pan, I understand it takes time to build up a following and name recognition, but I think it is possible.  

It’s important to understand that this 6.4 market cap rate is exactly that… market!

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.What else can we assist you with?

I grew up in Denver but prior to moving back I lived and worked in the city for 10 years, so I understand the cost of living (even though I think it’s even higher now).

Yours might be but that's uncommon overall.If you've never had a claim that's great but it's not really relevant to the discussion.Do you understand how partial losses work and what loss settlement provisions you have on your policies? 

I understand that flipping will come with its own set of problems.