SFHs aren't under rent control.

Are they successful at collecting back rent?

Hi all I am looking to buy My first property for rent.

Thanks Stuart.I don't think a "thesis" is necessary for real estate investing.Your mixing "thesis" with speculation and prediction IMO$1m in cash is retirement for someone that knows what they are doing in "low barrier" markets like you mention.Same can't be said for higher entry markets.Those that don't know real estate will loose no matter where or how they invest.Personally, I don't care about appreciation as I don't get out of bed unless I can net cashflow 20% net on a deal.For example, just bought a 6 unit in a B class area for $160,000.Currently occupied and renting for $3,000pm.Once minor rehab of $50,000 is completed, rents will be $4,500.I have an offer to sell as is for $250,000.ARV is $350,000.When interest rates go down, value will increase even further due to commercial lending being easier.No need for appreciation on such deals.I'll take them all day long over any appreciation potential.Again, just my opinion and each to their own.

I need some advice on a situation.I have a section 8 tenant who did not pay rent, was served a notice to quit by a Marshall.

Seems like manufacturing, tech, and healthcare are the big employers in the area and a quick search of Greenville proper seems like there are a lot of properties for rent (although I could be misjudging what "a lot" looks like).For anyone investing in the greater Greenville area, what is working?

Looking for a little help on a property we can't get rented or sold.We purchased a condo in Denver from a wholesaler (we're out of town investors) around February to flip and/or rent. 

Idea is to stick around 325-350k with 25-30% down and rent the place.

Generally will cost you about one month's rent, and some of that amount may get paid from your listing broker to the tenant's broker that brought the tenant resulting in a successful lease agreement (this benefits you because you are essentially offering financial compensation to other agents that represent who you need: tenants!)

Increasing the rent that much will trigger vacancies.