I am aware of trusts but never considered that as an option though I have some high value collectibles that are in a trust.

He is currently working on refinancing them which will get them collectively cashflowing around $300 mo.

If so, I imagine we need to get credit data, etc. of our investors?

I've gotten many judgements in my time, but have only collected a tiny percentage of those . . . eventually you come to write that off as the cost of doing business.

This past weekend I informed a family that they were accepted according to my criteria, and that all we needed to do now was collect the security deposit, first months rent, and sign the lease then they could move in.

But, if you really want to own property, collect checks every month, have your tenants buy your equity for you, and find a way out of the rat race - there are ways to do it.Never let not having the money to stand in your way!

I had to already reject 2 applications due to really bad collection issues that they didn't tell me upfront during our conversation.Now I have two more people who are willing to rent it right away and I am again confused.

It sounds like I have 2 options:1- I can put in a new 2 inch digital meter,which can download data on amount of usage, exact time of day, and constant stream of usage to automatically detect leaks (cost of a few hundred dollars)2- I can install individual meters for ever unit.

I think the SDIRA route could be tough to use as a way to rehab homes, collect rents and pay a lot of property maintenance bills but there are plenty of people who do it.

I have a trust that I use to pass on very expensive collectibles.4.