How will they remember you after receiving a few of your cards or letters?

The building was built in 1911 and when I had the inspection for the original purchase nothing came up about lead paint although it was a general inspection, not a specialized lead paint inspection.After receiving the letter I talked the tenants.

I got it on Amazon for less than $20 and received it in a couple of days.

Great thoughts Jon.I try to always work to the tenant's or borrower's advantage believeing this helps them to become better payers.Many times I offer to split the payment over the month to match when they receive their paychecks.

A few days ago, we started getting texts from the girlfriend (who is also on the lease but doesn't love there...) saying they wanted to meet with us to come to an agreement on breaking the lease.

You should have a real estate attorney in your team and have them draw you up one to keep on file as well as to review contracts / agreements that you received from others.

Begin with the basics, real estate basics like text books, RE schools, from there you can look to strategies, the basics and knowing what is acceptable, common practice in your area will keep you out of trouble, which is easy to get into in RE.

If I've found the golden tenant and have no need to use the security deposit for damages, They would then receive their $682.50 ???

I would start with the guess that the whole rent amount has to be recognized in the year received as ordinary income as any rent needs to be treated.

The landlord already filed eviction and received the Writ of Possession, so he can kick out the tenant and let me do the inspection.