YouTube and Google are your best friends when you get stuck.Painting and clean up are the easiest, followed by drywall and tiling (drywall requires a lot of patience due to having to use multiple coats of mud), and then comes plumbing and electrical.Get the right tools for the job - a good cordless drill and saw, trowels, paint brushes, etc. the extra few dollars will save you a lot in trips to the store and lost time.

There are some investors who thrive in tougher to war zone type areas for extra yield but they work very hard for it and have a ton of risk so I find it is not for a majority of investors.

Though they still should earn somewhat of a profit for the risk taken and headache involved; otherwise no one would be a landlord.

You can click on the ‘vote’ button if you like someone's post or is helpful, and there are ‘awards’ to earn on your profile.

@Stan Butler , I would go with the 2nd option, having the rent be due on the 20th, but I would not charge them any extra for that (not a good strategy in sluggish economy).

Major state battle over what to do with all of our extra money!

My apologies to the 30% that do work and earn their check so the other 70% can spend most of their time goofing off and screwing up the works.

This also trickles through a required reporting process, the "Call Report" and impacts earnings by classifications as to risk exposures.

You have to close deals to earn any money.

They'd also let me show it before they moved out so I could possibly limit that turnover expense.I figured my upside there was an extra month plus I was getting someone that could move in immediately and that had near perfect application (his credit score was higher than mine :-)).