How do you determine the market rent rate?

But we moved out the low rent tenants and after the rehab we filled all units with market rent tenants.

It's the one thing that will take your from analysis paralysis to action because it's the only way to put the learning you've done from podcasts and books into real life - by talking with others who have done what you want to do or who are trying to do what you want to do.Get your finances set and talk to a lender so you know what you can afford.Stay local.

If you end up giving them the notice to vacate do not offer the option to sign a lease.

When a tenant signs a lease after 15th of the month should they pay the rent amount for the remaining days in the month or remaining days in the month + next month?

Long time listener to several of the podcasts and am excited to be taking action towards the future I'd like to build.

I just write the property address on the receipt.I couldn't fit a different credit card for each property in my wallet.

Our cost to do business vs the revenue a small loan generates would put us in the red.

Great post, thanks for sharing, Kevin--I would also add that the Lower South End area into Madison Park is also a great area to relocated to if you want to be in close proximity to Uptown without being in the hustle & bustle of the city! 

That would be a good place to start if you don't have the capital to do the rehab.