The best definition I've ever heard of a credit score is "a numeric representation of someone's likelihood of going 90 days or more late on a payment in the next two years".That said, no one has actually has a score - until their credit is pulled, and then the resulting score calculation is based on the information available at that time.

Then I spent 45 minutes on the phone bouncing around talking to different people within the department until I finally taked to someone who said I would get paid on March 15th.  

I finally fired them and found a start-up PM company that so far has been really good. 

First you must be prepared to inforce it and second you must not show any compassion or weakness in regards to perusing your enforcement.Most landlords do not have the back bone to inforce this part of the lease and generally have a defeatist attitude toward collection results.

I was focused on my business for the last 8 years and now have 2 stores for my business and I am finally in a position where I'd like to get back to doing some form of RE investing. 

Hi all, my name is Steve McCutcheon and although I’ve been reading plenty of topics on BiggerPockets for about a month now, I finally thought it was time to make an account.

If you do not inforce rules do not make them.My solution was/is to issue a notice on the 2nd if full rent is not received by midnight on the 1st and tell them that repeated late payments will result in a eviction.

Offering $125k and using $1650 current rents, final monthly cash flow is $455/month and 16.01% cash on cash return. 

I canceled shortly after since the results did not justify the cost.

Unfortunately, the couple went through a nasty divorce which is now final.