We had one like that & we sent the original tenant to collections regardless & they quickly came back with the new tenants information & we proceeded accordingly.

The last tenant will not be collecting the insurance money!

My goal was to buy one to two properties per year for the next 5 to 10 years and then sit back and collect while managing or hiring a property manager to do so.

The pay off in the short term being relatively small compared to fix and flip or a wholesaling strategy, but should pay off in the long run and allow me to continue to collect income without having to be actively involved  on a day to day basis.

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.

Figure out what you're psyched to pursue, then worry about whether or not the broker's license is useful.Though, I'll jump straight to the punchline and say, in the vast majority of instances, I don't think the license will actually be all the helpful, but that's just my $0.02.

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.