After that, it is my responsibility to collect rents and manage the properties.

It would be questionable to whether or not the buyer would actually fulfill this note and it would be almost impossible to collect if not, but it's may be an option to get the deal done nevertheless.

You would probably have to officially collect a paycheck from them and report it on your taxes for 1-2 years.

Even if we did it wouldn't be practical.

We have set it up to collect for the full lease term and then offer the balloon at the end for a lower rate.

Networking on/offline Craigslist For rent signs Landlord briefings Landlord associations Casual conversations with rehabbers i see on the street Using all avenues collectively will give you a stronger and effective buyers list.

And add that as part of the unpaid rent claim you probably already have against her as part of the eviction process.The only question is whether you actually think you'll be able to collect for it and, if not, whether its worth your time to do something about it.I would have no problem filing the police report and letting them know where she's at.

Hi James Vermillion, none whatsoever.Im looking for single family residential properties. other than the area i want to focus in, i know practically close to zero.i feel i m starting out in the right place after reading the posts all over BP forums.

Personally, I would collect a security deposit.

It's not until legislative restrictions and practical limits come into play that we realize some things are just plain next to impossible to do.