Oh yea, deduct your expenses such as loan serving fees, BPO/CMA, special servicers fees, O&E reports, attorney fees, code enforcement liens, forced placed insurance, unpaid taxes, repairs, then you get ROI.Consider these steps to being a note investor1.

Also the coupon code MAPINVEST should get you 10%off.As for Charlotte, it has been tough to get deals.

So my 184 unit complex pays $1840 per month and my 432 unit complex pays $4300 per month.For that price, we get:All accounting services except for audit and tax.Management of all homeowner issues/complaints/maintenance requests, etc.Management of all vendors, work orders, bids and quotes, etc.Regular code enforcement walk through, notifications and fine managementInterface with collections attorney.Annual meeting management, including adhering to proper notification periods, proxy counting and all the crap that goes with it.For my larger complex, we get a management company employee who sits in our clubhouse 2 days per week to help homeowners with dues payments, questions, etc. 

Is it a possibility of bringing the 1 bedroom and 1 bath that is not permitted up to code?  

I would honor their lease but when it's up, just don't renew it (with proper notice of course).Best,Dave

I've had a pain in the *** mail lady before who apparently knew the entire Postal Code, so I'm sure there's a rule about it.  

But you told him you would give him the job, I think you should honor that.

We inherited tenants in 1 of the units and agreed to honor their lease (at considerably below market rent).

I would definitely recommend familiarizing yourself on the Texas Property Code.

We aren't sure what the ethical codes are since my partner and I are not agents.