Luckily, Stephen understood the potential revenue and was aggressive and picked it upClose price: $570,000He closed in late May, spent a month furnishing it and went live on Airbnb on July 1, 2021.The revenues & costs$9,375 -- average monthly gross income through the first four months.($4,800) -- average costs through first four months.

Good morning, afternoon and evening to anyone reading this post I hope you're living a great life!

Sometimes (well, lately often) the term "slumload" is a term used by tenants when a landlord doesn't address repairs quickly (like immediately) or demands things (like the rent).About the only useful thing that happens when you invest in high crime areas is that you have lots of interesting stories to tell your friends. 

Although the tenant who stopped paying rent left the apartment after the second reminder of late rent payment (luckily?)

Demographics are bullish over the next few years with millennials finally moving out(late) zoomers may start as well and we are in an undersupplied/underbuilt market in many places. 

This tenant pays his rent 1 or 2 days late every month, but I want him out because he swears at my wife for no reason, threatens to sue us because we told him he had to pay a late charge during the COVID period, threatened to sue us because he had roaches in his apartment and not one tenant in the entire 28-unit building ever had roaches and he threatened us after we personally never say roaches in his apartment and threatened us after we had his apartment treated by a professional pest control company.

If rent is 100% covered by Sec. 8 this could be for a deposit, utilities, late fee of some sort. 

She's just doing it late.

What do you all normally do in sequence when rent is late?

About 2 months ago I discovered the Bigger Pockets podcast which has changed my view on how to invest.Anyways, I have been researching Buying and holding properties for about a month now (allot of late nights to say the least).I have some idea on how to start but I am still a newbie and I have a question (I'm sure others will follow).1.