I was pretty sure Paul would have excellent insights on animal intruders given previous post content…

It is a low risk and low down way of getting started, an excellent way to learn the process from analysing deals to leasing out and working with contractors, you learn all the basics.

All of this was detailed in Promissory Note.  3) Every time he makes a payment, I send him an updated balance which shows all payments and the decreasing balance as well as due dates on upcoming payments (easy Excel spreadsheet).If he were not to pay the challenge then becomes trying to collect. 

@Samuel NucklesAn excellent book for multifamily apartment syndications is The Best Ever Apartment Syndication Book.

If you aren't very tech savvy, grab a friend or family member to help you create that beautiful excel doc. 

Ocwen Financial Faces Boatloads of Complaints | Courthouse News Service 

To soften the blow, you could even print a recent article that explains why rents across the country (or your particular area) are increasing at such a high rate.This gives you 3rd party verification and shows you are not just pulling numbers out of thin air.I imagine the tenants will not be surprised, and will likely be wondering what took so long for the rents to increase over the years.I read a recent news article about a lady in Plano, TX that got an increase notice of $750…yes $750 on top of existing rent rate. 

From reading your post I'm not seeing someone looking for a Miami real estate investment so much as someone looking for a first time home purchase.The good news it seems like you've got a lot of options.

Hello Fellow DMV Investors,
Here are some interesting recent stories from the D.C. real estate world.
The 8 DC Neighborhoods With the Highest Appreciation in 2021
Did the DC-Area Housing Market Cool Off in Septembe...

You have excellent insight into what's happening in the market and would love your input during our discussions.