Each time when a tenant violates a term of the rental agreement he serves a notice to cure (which has a $20 service fee), then he starts to walk away, then turns around and says to the tenant, "Oh, I almost forgot, I have this for you... and hands them a notice to raise rent $5 or $10.

It's a classic case of really low rents because no one cared enough to raise them or someone didn't want to deal with the perceived vacancies accompanying a rent increase.

Security deposits must be raised proportionately with rent increases.6.INSURANCE.

I could have raised $500,000 in the last four months with my sphere asking me if they could get involved.

I hired a contractor to cut off the roof, raise it and installed 8' walls.

So they legally added a back porch.However, the actual building now has a back "room" which is now a functional master bathroom - so they enclosed the porch, and may have extended the porch, probably raised the floor elevation to match plus a bunch of other things.

Does anyone have red/yellow flags they would raise to doing this?

The neighbor happened by and asked him, "man, why are you spending time raising corn when you can buy the stuff really cheap over at the farmer's market".

It seems that the more seasoned investors have their own agreements that they submit as an offer that gives them much more wiggle room to get out of the contract if they feel the deal is not desirable and/or they cannot raise the money.I am looking for direction on what those agreements should look like...1.

How did you raise the private money?