Did you get their deposit at closing?

Thing is, you'd likely need to obtain that now and deposit it into your checking, let it sit for a few months, and pay interest all the while. 

Forwarded message:Hello Joshua,My name is Chace Marigny and I was hoping you can help point me in the right direction(s) as to eliminate any errors as I go about helping turn my mother's recently flooded inner city Los Angeles home into a multifamily residential rental.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Educators are wrong all the time.Everything I've read from HUD directly says it is OK to use "great view" or "Master bedroom" or "walking distance to..." in your marketing. 

Originally posted by @Joey Isidore:@J Scott you must have quite the time on your hands.I apologize if my point didn't come across as intended...To address your question more directly:  There is no way for someone who doesn't know you, your situation, your goals, you expertise, your location, your time availability, your acceptable amount of stress, etc. to tell you which path is better for you. 

Direct investment in real estate isn’t that volatile, and nothing is ever lost until a property is sold.

I'd like to outsource direct mail.

Many would offer a complimentary consultation to help guide you in the right direction.

If the tenant qualifies, they get an electronic lease immediately, pay the security deposit and I cancel the rest of the appointmentsProcess I'm considering tryingList apartment on Wednesday Have all potential tenants show up at the same time for an open house style of viewingHave all interested tenants fill out a free application with income info and other basic questionsPick best from the list and send them a paid background checkIf tenant passes then send them a lease, if not, inform them and move on to the next bestAny input on these two strategies?