I suggest letting the tenants know this month's fees will be waived (due to change in method of payment) but moving forward late fees will be strictly enforced on the 5th if the money is not deposited by the 4th. 

Set up a strictly defined criteria and stick to it.

FHA has some strict guidelines, and you are limited to a maximum of owning 7 units total, including the subject property.

I find the latter would be the easiest path because most syndicators have their own relationships built, full time analysts and have strict criteria.  

I would like to get to 10 properties but I don't have a strict timeline.You are correct on the buy and hold.

After months of debate, decided I would focus strictly on wholesaling and buy & hold.

My goal with these properties was strictly to generate cash flow.

Most new development HOAs have very strict rules and bylaws for renting.

I have seen a lot of people offering them but eventually you have to pay for some sort of class.I have strictly done typical residential deals in my career as an agent, don't get me wrong we find great deals for our investors, but I feel there is a lot of opportunity that I am missing out on.thank you for the reply

The only way to take the pain out of evicting is to operate strictly as a business.