In many localities, you cannot collect double rent.

Also in China the laws of copyright do not seem to apply in reality from what I have heard... artists have difficulty collecting royalties.

What a pain (it is to collect and cash checks)....

First a customer service rep or a customer counseling rep (collections) has to make so many calls an hour to meet their standards.

Ashan...lonnie deals (Lonnie is a good friend of mine) are a great way to get started and how I got started investing...Yes, the default rate is higher...Collect very tight and get a decent downpayment typically at least 2 weeks of a paycheck...

In other words, how many units are CURRENTLY vacant, not an average or estimated 5%. 5% would mean that less than 1 unit would have a vacancy each year which is practically impossible.Who pays the utilities?

Then practicing gratitude for having been around this long without having to experience what's coming.

When I say manage the investment in an IRA, I am referring to collecting the rent and sending it into the IRA, taking repair calls from the tenant and making the calls to the proper repair people and paying them from the IRA account.

BUT I DO WANNA LOOK FOR POTENTIAL DEALS AND PRACTICE ANALYZING THEM FOR A GOOD DEAL OR NOT.

Problem is that I can't tell if the electric was turned off, or if it was a collection from a few years ago that never got paid.