I am involved in a lawsuit right now solely based on the fact that Renter's Warehouse failed to fully pass on communications between me and the homeowner. 

The reality of it is if you're going to rent to people you are a business owner and viewing your assets that way is something that they fail to point out a lot of times in books and seminars urging you to take immediate action.

In Michigan, the utilmate fail-safe is we can garnish State Tax Refunds until paid (can't garnish federal returns).

This is only one example of multiple instances of failed customer service.

If they fail and it requires a service call, that's also their responsibility.Give all your tenants a written notice that is clear about their responsibilities.

Quote from @Patrick Thomas Dickinson: You fail to consider a few things:1.

You also have to consider loan amounts typically need to be above $250K will carry a 3-5 year prepayment penalty.The biggest thing I see is loan officer are quick to offer a pre-approval for you but the fail to run the DSCR/Rents ratios up front.

So, if their measure fails in November, your ADU investment would probably make a lot more sense.  

Your agent failed in the contract.EVERYTHING in WRITING - emails is best.

But the management team was okay with sending out repair men like it's free, and failing to collect rents on time and making excuses.