This question prompted from this comment made on another thread:Originally posted by "dafly":My two instances of not being firm enough have effected my cashflow a bit (I should have stuck to my raising the rent that month for the 85 year old lady instead of postponing it for 3 months), but not enough to make me grimace.

One aspect of goal setting, that is vital in its effectiveness, is recording or verbalizing them.

PLace your own signs around town that say something to the effect of "I sell CHEAP houses, DEEP discounts, phone number" 4.

So either way, there is still tax, and that reduces your effective rate.Getting an ARM also exposes you to higher rates in the future.

The only thing I can suggest is to go and have a sit down with a couple of different management companies that specialize in managing vacation rentals and gather some information from them.There are a lot of vacation rentals in my area, but oddly, even though I know a lot of people active in several different areas of real estate, I don't know anyone who has vacation rentals (except for one friend with a B&B, and that's not really the same thing).The only thing I know about vacation rentals is that they are extemely management intensive and the management companies charge a substantial fee.You have turn over every week, and someone has to be there to clean, repair, asses damage, and inventory all the household items.

So, if you want to get them onto leases, you could notify them the month-to-month tenancy is being terminated effective some date, and at the same time offer them a lease to continue in the same place.

I spend a large portion of my time personally rehabbing properties to rent out (not the most effective use of my time, probably, but I enjoy it), but I think that should be considered a separate activity.

Clean the areas that you can with TSP and a good stiff brush, then spray it on ...often two coats.

All roofing contractors that I've worked with typically bid/estimate on the complete job including all materials and labor, any required permitting, debris haul-off, and site clean-up.

I'm not sure if we should pay for a professional to come out and deep clean them which ive gathered will cost us $170 and that may not even clean them enough..or should I just leave them for the landlord to deal with.