The states we operate in do not like us charging the security deposit for cleaning we do ourselves, so when I walk in and it's beyond what I consider normal, I hire out to a company that charges about $100 for normal cleaning, then separates the "Excessive cleaning" on the bill, adding whatever additional time it took and why, like oven cleaning, excessive grease, extra attention in the bathrooms like dirty shower stall, toilet stain removal, etc.  

Let's face it, James, the value you are getting here is far in excess of whatever silly thing that membership costs!

I think most new investors like me get greedy and try to kill the fatted calf with their first flip, and miss out on a decent profit.Jim from Toledo.

That means I post a pay or quit on the 5th (here in CO) and start eviction if they don't pay.Do keep in mind that tenant damage in excess of security deposit is inevitable.  

I think the best play is to pass down the expenses to the tenant to reduce the expenses which are ridiculous.That being said you are probably right about raising rents simultaneously as being excessive.

You could buyout using either a cash-out refinance down the road or by directing excess cash flow from your existing and new facilities first to the investors.

All other flooring will expand and contract excessively under those conditions.

People to weed out early:- Those who complain excessively about their current land-lord or rental.- Those with pit-bulls.- Those whose income is not at least 3X the rent.- Those who are just now moving to your area and are not well established.

As long as the Deeds were recorded before the lawsuit and or Judgement.SO, isolate RISK, balance equity to $zero$,I have been advised to make sure you fund the LLC properly in the beginning, NEVER co mingle personal expenses, and regularly sweep excess cash out ( ie. through an employment agreement or other DOCUMENTED business agreement like a lease back or whatever).Also remember that you are liable personally for anything you personally do, LLC business or not.

I've spoken to a dozen banks and mortgage brokers and keep getting a big fat NO.Does anyone have any secret loan or financing scheme out there that they want to share with me?