I've spoken to a collections company who has a very high success rate.I'll offer her one more chance.

A loan servicer not only collects the mortgage payments, but the service usually includes setting up an escrow and taking care of tax statements, keeping taxes and insurance payments up to date, processing payment changes and collection services too.Ensure that the contract between parties is recorded legally.

I think is great idea to walk around the neighborhood and try to talk to locals and get their impressions about the area.

I make his payments each month...I collect rent each month...i make small $200 profit on 15 yr left.

I would like to start with rehabbing properties to build capital, and eventually begin collecting buy and hold properties.I look forward to learning more and contributing to this outstanding community of helpful people. 

I don't collect it, I have them pay it directly to SmartMove.

My biggest obstacle with investing out here initially is finding the type of property I want in an area that doesn't require kevlar collect rent.  

In both those scenarios you could crank out the rehab and then collect a month or two of rent/payment rather than sitting on it.

One of the reasons we got into real estate was to be the kind of landlords who are not just concerned with collecting rent, but providing people a decent place to live that they also enjoy.

@Timothy Danielswow, what an impressive portfolio.