A new investor will likely be more confident if you can pull from experience.Be an expert on the area that you service.

Any yahoo can say they have X properties on YouTube and that they're an expert, but they're just in it for clicks and ad revenue.

If they don't want to rent it early, they can take their chances that it will still be available when they're ready to move in three weeks later (it won't be).Create a policy, then stick to it.Don't hold a property unless they pay the security deposit with certified funds so you have something tangible.

I will provide a timeline of events to try to make it easier.9/27 notice provided to tenant and sec8 housing of non-renewal of lease (60 day notice by certified mail was given)11/30 Lease expiration date 12/1 tenant vacated the unit and asked me to come at 7pm to pick up keys that way her dad would have time to help her get out her washer and dryer.

Experts are more optimistic and predict 10% or less.

You'll find differing opinions even among the experts, but the expert opinions are typically backed by experience and data whereas the amateurs are spouting whatever they hear from others and happen to believe.Get the opinion of people with actual experience, then do your own research to verify what they've told you.

I consider this forum my mastermind group and place high value on ability to reach out to experts.

His exemption to liability failed as he should have left the decisions to the expert he hired.Extrapolation -- you have a PM and you tell them to go knock on the door and do such and such details in your own rules you may be liable for PM getting shot or tenant breaking their leg... then your insurance won't cover your liability.Vital to have a insurance agent on your team who understands the nitty gritty of your business and you get great coverage.Have an agent licensed in all the states you operate.

The difficult part is to know what the cost of these improvements were because most of the time they are no shared.There are experts who do the research for a fee.

Appreciate any and all wisdom from some of the more seasoned experts!