A little more complicated but if you have units near your bank, and you have tenants that do NOT have checking accounts, this is MUCH easier than them going to the bank ANYWAY and getting MO, mailing, etc.I have 48 tenants and I only receive 3 checks per month, all the rest are epay or walk in to my bank.

Agents Commission, Closing Costs, Sellers Concessions, Price Reductions, Vacant Holding Costs, Clean up to Sell, not to Rent, Repairs to Sell, not to Rent.Then comparing that with Lease to Own, they can rent out for PITI (if rent is less than PITI, then add an option payment monthly.)Hope this list helps your Lease To Own Business!

It might be a good subject property, but you don't want to take the expense to clean the property up, if you don't have a contract on it or have a vested interest in it.

I was just doing some cleaning and found a bid I had gotten a couple years ago from my (former) plumber of mine to do some basic work on my personal residence.

We used paper tape like they suggested, mudded, cleaned.

I prefer to lower my return and invest in easier to manage properties in better areas that might also have more appreciation upside.

Anyway, since this unfortunate event happened during my RE course and my DBPR application process, it was standing as an "open case" with no final decision at the moment because of the fact that I agreed to join a 3 month drug court program where Im obligated to get drug tested once a moth and test clean and complete community service hours(25hrs).... ( IM NOT ON PROBATION!)

Most of that was cleaning the place.2) we manage them ourselves.

Its easier for many of the takers to blame the givers for not giving enough than it is to accept that they are soley responsible for their individual situation.

We spent 3 k fixing it up cleaning out there junk etc.