Guide tenants by being fair and firm, friendly (or at least cordial) and flexible (if the situation warrants, for the greater good).

You will find that most borrowers will have their heads firmly planted in the sand until an event like foreclosure is eminent then they respond. 

Too many are owned by investment firms and being used as a proxy to invest reserves in other things and the claim is seen as a harassing expense....  

Hi Rivy,In regards to EM not an issue.

Realizing that unforeseen items could not be avoided however the cost could be controlled.I started a firm that is not just a rehab company I am also an investor so I understand how important it is to control cost.

I would also advise to try get a job or internship in a RE firm.

Hey everybody, EMS member and brand new investor here from Edmonton, AB.

Hi Sylvia, what was some very important criteria for your choice of brokerage firms out there?

Im trying to figure out how this works. ive been reading a lot and trying to get a firm grasp. this was a real example from a wholesaler in my area so i was running through it.

Also, it's why as a listing agent we require inspections up front, and a substantial EM....after 90 days getting an approval, to avoid the "It took too long....I bought something else....I changed my mind....the repairs are more than I thought...etc.".