In a collection late fees are thrown out, at least here in Portland, OR

Before I start this process, I would like to know what problems I may face like who collects the last months rent and should they give me the deposits or back to the tenants.

Tenant web marketing/ data base, it is a big plus if you can instantly provide a stream of prospective tenants for open or opening units.

Then find a buyer(during the time of the Option with the seller) and collect 15% down from him(7K towards the purchase price passed to the seller and the rest mine as assignment fee, no towards the purchase price).

With labels, you can find people based on one or multiple markets they focus on, the various "occupations" they may have (eg. investors who are also commercial brokers), based on their experience, and so on.For example:I want to network with investors who operate in the Los Angeles and San Diego markets, who are landlords and who have flipped at least 3 homes, you can now do that on our FIND MEMBERS page using filters.Since the filters are brand new it will take a little bit for the data to get populated, but we will be adding new labels in the near future that will allow us to all better identify ourselves for potential partners and colleagues.I hope that helps.

They find some excuse to sue, and they hope to collect a nuisance tax - either an insurance company or the defendant pays some money to make the person go away, because even though they did nothing wrong it will cost more money to show they did nothing wrong.

However, if the payee chooses to not honor the "sale" and keeps the $$$, the payor will have to sue the payee for breach of contract: prove a contract existed and everything else associated with a contract case; and, then if judgment is awarded, working to collect the judgment, etc....

Maybe they really do spend only a few minutes on one particular house and collect a big paycheck.

I focus primarily on multi units in a city of 30,000, so my data is very limited.Until late last year and beginning of this year, I would see 1-2 new REOs hit the MLS per week, but in last 4-6 months I have only seen 4-5 new REOs come on MLS.

They normally get 7-12% of your rent but its well worth it if they handle collecting rent, leasing out, tenant issues, advertising, general maintenance, repairs and improvements.