Not only could Azibo's team not figure out why the invoices weren't created correctly, but their only solution to reconcile the payments on the back end was to keep the full month's rent on the books and request a new payment from the tenants for the security deposit!

This is a great website that should definitely be utilized.Electronic Locks / Lockbox - Day 1, I have a handyman set up electronic locks on the front and back of the property and set up a lockbox on the premises for contractors.Welcome Letter - Day 1, I provide the welcome letter going over the new ownership and any other applicable information.

LL pays any repairs to RTUs over $5,000.Tenant credit and experience, number of tenants, demand drivers for submarket, growth patterns in market, tenant sales (if these are more service medical providers like dentist or chiropractor) and this is being used more as a service center than back office work.As for basic numbers, I would not call what you outlined as a terrible deal.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

For one building, I was issued a billing statement for rental license fees back to 2012 with penalties and interest.

I did only use it for about 30 minutes so don't take my results as the end all be all.

And you did end up buying a 3-4 family? 

In that case, you're right back where you started. 

It is definitely something I will keep in the back of my head when I am further along my current path.  

Welcome back Nicholas!