She's told me 10% of 1 months rent or a flat fee of 100-150.

My team has learned the hard way that screening, screening, and more screening is absolutely necessary before making the decision whether to enter a business relationship with a supposed seller.

Lastly, in the final stages, City issuance of the Certificate of Occupancy, Construction Bank Pay Off and refinance coordination with the refinance Loan Officers and refinance Bank, property manager hiring, tenant recruitment, screening and long term leasing.Best Regards,rey

In most areas that is probably going to happen with flat or very low appreciation for an extended period of time.

I am looking to purchase 3 and 4 flats in South Chicago, rehab, rent, and hold.

The vacancy could be high for many reasons, such as: 1) High rent/deposit or screening criteria 2) Poorly advertised to potential business owners 3) No popular stores or business types that might attract regular customers e.g. chinese eatery, nail spa, pizza place, pawn shop, liquor store

You can also apply things that are flat out wrong or only half right at best and not get the results you want.So learn as accurately as possible and the put that best information into action.

Hey Jim,I would definitely consider it, if the numbers are right.If the ROI is worth it, id toss the keys over to a property management company.If you choose not to use a property manager, I would be sure to screen screen screen the tenant.Hope this helps!

You are close enough to at least be part of the screening process and meet possible tenants.

Tenant did not have a history of skipping on utilities - we checked that in screening.