Problem with having a LLC is it is expensive to operate and restricts the ability to get financing although approximately 50% of investors have a LLC.

We could start a TV show, Only furthering our reach, profit, ideas, and ability to give back.... you could be on to something here..

That lien doesn't affect her ability to rent the house out.

@Kevin Walker in your situation I'd suggest a cash flow market, 20-25% down or the ability to reach motivated sellers on your own and offer seller financing.  

Do you find that ability to push the rents up is neighborhood dependent, i.e there is a max rent that a property can achieve in certain neighborhoods no matter how much you improve it? 

You can search some other posts on BP for roommate rentals to get additional ideas.Basically I'd keep everyone on Month to Month terms, I'd put the electronic combo locks on the doors to the bedrooms so they have ability to lock the rooms.

Their pricing seems to be in line with other surplus competitors while offering some significant benefits including the ability to cover properties at different stages of the construction cycle without changing policies, ability to pay monthly and insure multiple LLCs is something not offered by most high risk competitors. 

Hello, just curious on what others living in Iowa Linn county specifically, have experienced with partial rent payments and ability to evict. 

However that still leaves the reading of meters and calculating water costs based on a bill.  

If you have a lot of time and ability to tie up earnest money sometimes you get lucky.