@Chace Fraser sorry for the late reply, I work full time and go to school so I do not have the time on my hands I wished I had.

She spoke to my wife about owing us $300 and my wife was confused and told her she didn't owe us $300.On 2/3 I text her she owes us the $150 for the first and second, I have her security deposit, and to return her last set of keys (which she is returning late).

Good evening Chad Carrodus,My apology for the very late response.

I bought my STR late last year so I don't have much for taxes and I don't think my CPA will hate me too bad. 

Account Closed I've been doing a little bit of everything as of late.

Print it off, study it, highlight it, and keep it handy for reference.At the bare minimum, you should know:How to determine market rent for your unitsHow to set rental criteriaHow to screen applicationsState law regarding due dates, late fees, and the eviction processHow to handle late rent professionallyHow to evict a tenant for non-paymentHow to get rid of a problem tenantYou could easily read those two books, study your state law, and then develop WRITTEN procedures for handling these issues within a month.

He pays 15% below market rate but has never been late once. 

It also auto charges late fees.

With the tenant being late for a month of rent I am now being more direct about how I would like my PM to communicate with the tenant but again I need to ask them every couple of days to give me update myself. 

I bought a $120k house to flip in my LLC name on the best street in town. Pumped about $65k into it so now have a roughly $185k basis in it. Only $100k of it is on a 15 year commercial note.Rather than flipping I thin...