Those relying on MLS deals and REOs will be left behind wondering who moved the cheese.

If you are not licensed you will need to rely on someone else to write PAs on your behalf and they may not be available when that hot deal flies past your desk.

Chances are your fix and flip business offers returns superior to the rental business.The exception to relying totally on the results of this analysis are 1- you want to hedge against hyper inflation in which hard assets with flexible rental rates are superior and/or 2- you want rentals for diversification away from your fix and flip business.As a wealth accumulation tool the buy and hold strategy is not quick; it is however tested and of a high percentage of success.

I've relied on a couple of handymen for many years who are getting older and not as interested in working anymore.

If you don't know anything about construction costs, you need to rely on someone that does in order to know if the estimates for repairs make sense.

It all depends on the tenant base as mentioned.The bad credit ones will wait and see if you pay the money to file eviction and will not care about the notice you give them.Make sure in your lease you have language that states the security deposit CANNOT be applied to last months or any months rent.If you do not have that in there you can be in trouble.Sometimes if the tenant is a good tenant that falls behind the landlord will let them apply the security deposit to catch up that one month if it makes sense.You need to get an written agreement in writing though signed by the tenant authorizing this.With college degree highly educated tenants the job is more stable,they have reserves for bumps in the road,etc.This is not always the case but works in your favor with percentages.With lower income the education tends to be less,they work 2 jobs to pay the rent,the rely on multiple incomes in the house hold to pay the rent,charity assistance,government programs,etc.The cash is more but you are almost a social worker and the drama that comes with it can be too much to deal with at times.

I would not rely on traffic count.

These professionals rely on the agents for their living.

If you rely soley on the words used and not the intent, you are treading on thin ice.As to this issue, I would not look at all to the agent's relationship with the seller, I know what those duties are, but it is irrelevant.The agent knows that the bank is involved by allowing a reduction of the mortgage to allow a sale.The agent is aware that there is another offer at a higher price which means the possibility that the bank may have less to write off or lose, or more to gain.

This way you know what payment came from who and they can pay the rent at an ATM after hours.For my tenants that are not comfortable with direct debit I simply mail an invoice with a self-addressed envelope 1 week before the due date.When I first started out landlording I used to just rely on my tenants remembering to mail the rent.