I assume the catch is its in the ghetto, but I don't know enough about KC, other than the best team in football plays there!

Just to catch you up and others who may find this thread in the future...To start off, it's been widely agreed upon especially in the DF threads, that "my attorney says" is 200% certain to be wrong wrong wrong re DF.  

Poor guy is pulling his hair out because his tenant isn't paying.Here's the catch, I'm a third party with a service contract at the property and have no agreements with the landlord.

I started by looking for good, professional looking photos of properties and good descriptions. 

Assignment docs not properly executed and/or recorded.Substantial decline in the value of the collateral due to the local economy (major employer shuts down, etc.)Substantial violation of various laws related to credit.Failure to have title insurance and having a valid title claim ariseYou not catching that the note seller sent you a mortgage and/or note for a different property.You filed the foreclosure and waited a year or so to get to court only to find out that the filing and/or service wasn't correct or complete and you have start all over again or, at a minimum, wait for another few months while the errors are corrected.The list isn't endless but can be very long.

The only catch is that the entire amount becomes due within 30 days if you lose your job.

I take photos and keep an ongoing photo file for each unit. 

Here is how I reached this decision based on my needs:------------------------------------------------------------------------------------------------Buildium - met my requirements for: good look and feel (user interface simplicity), price ($40/mo), cloud-based, work order module, good accounting options, photo and document uploading (leases, receipts), mobile app, allows per owner or per property or per portfolio views of financials, syndication to online rental sites (Zillow, Trulia), and some type of web site automation.  

I can't be there to catch everybody when they fall.  

I have extensive photos and documentation with the receipts and estimates which I have provided to the tenant.