The collection sits on their credit report, which may protect the next Landlord who runs a background check.

I reside in Minnesota, and do not see anything that prohibits from having tenants sign an addendum but maybe some people can weigh in on this and if its a good idea to include or not?

Despite the overall increase, San Antonio (8,08 starts) reported the only monthly increase among the Big Four, rising by 20.6 percent.

You would do that anyway with a sole-proprietorship and not have the hassle of the reporting that comes with a W2 employee.

Rental income finances everything in all of them including all the custom upgrades and upkeep done mostly by hired hands.

It's full of practical advice on how to manage an investment, and it includes summaries of your specific state laws, and it tells you exactly where to go to read the law for yourself.Devour the book.

Ie: if the lease (including m2m with proper notice) is expired, there's little to dispute.)

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

We engage in variety of strategies/tactics, including wholesaling, flipping and rentals (long/short-term) for acquisition of  single and multi-family properties, and small apartment units (5 -50 doors). 

I have a varied background that includes accounting, (small) real estate development, and (residential) construction.