If the landlord does not have their money by midnight then on the second of the month the tenant is borrowing the landlords money for their own personal use.

The second time I did this, I didn't discount rent at all, but instead I would take x amount of dollars off rent for everytime they performed one of these services, which they had to track and report to me. 

@Lauren Weiss he was the second or third Podcast quest I think.

If turns out to be a rental (which is my expectation) then I will bank the cashflow and work towards the BRRRR strategy to add another property in the near future.What I’ve been doing lately to make dreams realty:-Listened to one or two BP Podcasts a day-Spent tons of spare time on Zillow browsing properties-Identified a single family property that has real potential to be my first deal-Gotten an insurance quote and dug up tax records on the property-Talked to a couple area realtors and chosen one whose background and experience best fits my goals-Toured the property-Crunched tons of numbers based on different scenarios-Arranged a second showing for tomorrow, with a local contractor who will be joining me for the showing to provide a quote on the work that would be needed.I am super excited for tomorrow!

Your second question is yes as long as the two of you are not related parties you could in essence trade properties. 

I would of course immediately call that lender directly (if I weren't myself a lender then I'd have my agent make this call; good agents have strong "the lender is throwing spaghetti at the wall" BS detectors) and drill down on how many 100% CLTV commercial loans said lender has done in the last couple years, and ask for property addresses so I (or my agent) could validate from public records (which takes ~5 seconds for a RE agent or lender to look up).

@Chris Clothier  Still running averaging now less than 6  miles a day took second in a big local race (first time ever ).

They determine the mold is due to; (1) tenants causing crazy high humidity basement humidity by running the dryer without ever cleaning out the lint trap and (2) not cleaning the bathroom- All mold is abated with bleach, a second dehumidifier is placed in the basement, carpets are lifted, trim is replaced, and we investigated behind walls.

It's interesting you brought this up as I met someone for the second time at DME who I had met a few months back who fits the profile of the "investor" you're talking about.

Hello everyone, this is my second post on BP.