They'll be happy to move forward on the deal and collect on both ends. 

Tenants late on rent, send your "muscle" to collect.

I have considered multi-family but don’t know if I will dive in there just yet.I have a goal number in passive income I would like to collect a month and will adjust my investment strategy based on what I see when I jump into it!

There are countless stories here about landlords who think it’s as easy as collecting a rent check every month and get in way over their heads.

We have moved to a NON-REFUNDABLE reservation fee to hold that is collected to hold the unit for up to 14 days if a tenant is not ready to sign the lease and pay ALL the move-in funds.

The only thing technology has done has permitted long-distance stuff to be done a little easier, and perhaps automated some of the administrative side of things (rent collection, work orders, etc).

Consider that each $800 increment you collect in rent is another $100k in purchasing power.

It affects tax treatment since you may not be able to use depreciation and have to treat the gains at a higher tax rate.In the simplest terms, did you buy it solely with the intent of selling at a higher price and that is the only way you'll make money (i.e. no rent collections)?

I started years ago working in the collection department of a large finance company and people has a variety of reasons of not wanting to be found, makes deals, and sell property.

For example, things like: how far behind (how much $) their tenant is behind on rent, likelihood the tenant would ever be able to catch up on their own (without assistance), whether the tenant is collectible should the landlord decide not to pursue assistance and go after a judgment in small claims court instead (some tenants are judgment-proof so the assistance may be a better option), ability of the landlord to weather the storm (do they have a lot of reserves or are they about to lose the property), willingness of the tenant to cooperate in the process (you need the tenant's cooperation for this to work), etc.