Daily fees can be problematic with some judges, so we stick to just one late fee charged all at once.2.

I also just got my salesperson license in Massachusetts - I did this course online for flexibility but did the hours daily so it only took a few weeks and another month or so from there studying for the exam.

The upside is you lock in an interest rate for some number of years.With the Heloc the interest rate adjusts daily but you don't actually pay any interest until you borrow the money and deploy it. 

@Kumar GauravThis subject is covered almost daily here on BP.

I listen to Bigger Pockets almost daily.

My lease says holdover tenants are charged a daily fee that is double the previous monthly rent (again, on a per day basis).

I have a tenant who’s lease is up on the 18th, I posted and presented the new increase 60 and 30 day notices and they are going to go month to month for now, can I charge the new daily rate for the remaining 13 days?

I got into RE investing this past summer and haven't looked back (daily podcast binges and all). 

25’ measuring tape - as others have said, don’t skimp, get a good one with a wide tapeDepending on your budget, I use my 12 volt Bosch drill/driver almost daily (they will also need a good bit set)This is a decent screwdriver from Lowe’s - Kobalt double drive screwdriver 13 piece rubber handle ratcheting multi bit screwdriver Set - not my everyday go to but great for someone who has no tools This is one of my favorite new tools though not an everyday tool Kobalt 2pc Self Adjusting Auto Locking Pliers 10-in Home Repair Tongue and Groove PliersI like the suggestion of a good stud finder.

@Matty FoleyThere are tax benefits if you hand him say a $2500 DOWNPAYMENT and then owner financing vs his SELLING the property outright and taking the incomeI would highly suggest you take him out of the loop of any ownership / landlord duties once you sign the contracts and implement the owner financing ..because You Need to learn Property Management AND start incorporating a rental property into your daily life.