Steve Kresse Eugene Kemp mine says I provide ongoing, but any pests as a result of tenant negligence will be on them intentional or unintentional (bugs as a result of lack of cleanliness, bed bugs, etc).

They don't generally have ill intentions but aren't aware sometimes of the ramifications seemingly minor actions have on the property.The answer for me is lots of on-boarding and coaching, some tolerable inspecting, open communication and trying to align their interests with mine.

We don't use title companies here.That said, marketing a property you don't own is illegal in MA if you are not a licensed real estate agent working under the supervision of a broker.In addition, if you put a property under contract without both the intent and the ability to close on it, you could be sued for "fraud in the inducement".The only legal way to wholesale (which isn't really wholesaling) is to close on the property and then resell it. 

Do not use it to buy spinner rims for your Geo Metro with the intent of paying it back later.

The fact that someone is willing to purchase rental properties out of state with no intention of ever putting any work into it and let it get to this point is bewildering to me.

If there is no one else in your market wholsailing or marketing for off market deals then you can spend a lot of time and money educating your market that it is socially acceptable to sell at a discount to you.Some states are cracking down on assigning of contracts if you have no intent to close on the contract if you can't find a buyer it can be considered brokering without a licence.

(the ARV was 150k-160k) I had to act quickly, so I told her ill match it and we can close than 30 days.

If he or she owed a “small amount of rent” then I classify them in the “sh*t happens” not the “intentional theft of shelter” tenant.

But they had few tools to demand compliance.Since 2011, the IRS is becoming much more strident about the requirements and will continue to do so.For forms that were due from 2011 through 2015, the penalty for late filing was $100 per form and $250 per form for Intentional Disregard.For forms that were due in 2016, the penalty for late filing was $260 for late filing and $520 for Intentional DisregardFor forms that were due in 2017, the penalty for late filing was $260 for late filing and $530 for Intentional DisregardFor the upcoming 2017 tax year for forms that are due in 2018, the penalty will be $50 for each form filed 30 days late or less, $100 per form if they are filed before August 1 and $260 for late filings after August 1. 

I gave the teller $40.00 from my wallet, called my wife who questioned my daughter who admitted to taking the $40.00.And collecting rent money habitually in cash exposes you to robbery, see: Home invasion It was reported that the couple collect rent in cash, had over $5000 rent money, and robbed by people who knew them: Suspects capturedI've been land lording for nearly 40 years, and over a long period, you have to expect accidents and illnesses.