I have dealt with evicting tenants before and during this process they will pull all the trick to try and get as much free rent as possible.

For me, that is the case until today.Even though every purchase we made was profitable, I think I had made some major mistakes, due to lack of knowledge.As we move from SFR to apartments to mobile home parks, there are still a lot of things that needs to be learned.I just recently learned a new trick from an old guy on mobile home flips.

A little trick I learned from doing an IRA conversion from traditional IRA to Roth counted as income for the year.

The trick is to do your numbers, Twice.

If some $50k owed midwest SFR is stopping you from buying a great 3/4 of a million dollar asset, it's a no-brainer to cut a $50k check to pay it off, some way or another.And then you have the "....and now we put 10 in the spouse's name" trick, too (you haven't been putting all of these in both names for no reason up to this point, have you?).

@Natalie Kolodij  Well you can teach and old dog (actually a gator) new tricks.

The whole trick with conventional loans is that they have to follow fannie mae or freddie mac guidelines so they can be sold if desired.Now if you weren't doing a conventional loan and just went to a local bank that would do it as a portfolio loan, they would be much more likely to waive the seasoning of the funds - especially if you could get your dad to co-sign on the loan.That would be the best way to do it.

I believe the "trick" was to include the rehab costs on the settlement statement, which I think involved an escrow account to hold the rehab funds.

The tenant said she would like me to do this and even though I didn't have a face-to-face conversation, the letter did the trick.

There are other, more robust property management platforms out there, but if you only own one property Cozy should do the trick.