(What you think 10hrs to change out a toilet is excessive!!!)

I've taken out ads in the papers and have a sign posted outside.

Is there an ad in the paper?

For example, you could sell your properties individually or as a portfolio using seller financing and then just sit back and let the money roll in without the tenants, termites, and toilets.

If their serious then this shouldn't be an issue for them.I have started using Zillow applications and really like them.I still get a paper application so I have their information in case I have to report to credit bureau for unpaid rent.

page=2Also, in the third thread I listed, @Albert Bui (a lender from Seattle) also made an interesting point in the last part of his post when he said:"One big reason is that properties held in S corps or LLC's taxed as scorps (wait whaa, yeah LLC's can be taxed as partnerships, S corps, and C corps) when transferred have to leave at market value which might be a problem if you bought it for 100k and now its worth 180k because, thats a 80k gain you got on your hands when this property is transferred (unless if you transfer or sell it to yourself at cost basis).The other reasons is like most people said regarding self employment taxes and avoidance of them in totality.Another reason is you may not want to comingle your liabilities of your buy and hold properties with your active business (wholesaling, flipping, consulting, etc) which may compound your risk for lawsuits.However, to the contrary I see tons of S-corps with investors or LLC's taxed as scorps for flippers or people who use their scorps for active businesses like hard money lenders and flippers.The benefit of Scorp is that us conventional lenders like to see income surrounded by a veil of s-corp legitimacy even though its only a couple pieces of paper filed with the state.

I hate to see people flush good money down the toilet. 

Your weapons are stamps, ink, paper, and persistence.

My letters were professional, written on my business letterhead, and typed with their exact property and names in there so it looked like it came from an actual businessperson and not an 8 year old with red pen on a yellow piece of paper.

It may look good on paper, surprise , it costs more to fix , less rent , bad tenant.