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I put in nearly all contracts that the seller must maintain 95% of all rent collections prior to closing or the contract can be void.

Purchase price: $365,000 Cash invested: $525,000 Sale price: $685,000 This property needed a Interior and Exterior Renovation, and floor plan re-structuring to optimize square footage.

And if they refuse would I be able to evict and have the collection agency deal with them?

Look for Organisational skillsProperty management is a juggling act that requires proper organization, scheduling, and priority setting.If your PM isn’t organized and detail-oriented, then you could end up with unsatisfied tenants, property damage, and costly fines.Evaluate their organizational skills by learning about their procedures for key aspects of property management like rent collection, tenant screening, maintenance scheduling, and addressing tenant issues.

I am looking for the best "back office" platform options that verify accredited investors, collect funds, manage documents, provide investor logins, provide distributions, etc.

Purchase price: $365,000 Cash invested: $525,000 Sale price: $685,000 This property needed a Interior and Exterior Renovation, and floor plan re-structuring to optimize square footage.

Some I just collected an additional $150 a month until they were caught up.

I told her then I’ll have a collection agency deal with you.

Sure you could collect some cheap homes in the panhandle, but it's not worth the trade-off in quality of life and experience.