So I had much rather keep a good current tenant that has proof of being good then to speculate on a new one. 

Mostly because I don't have solid steady proof of income yet from my business.There are a few depressed areas (Anderson/Muncie) around Indy that I've looked into and they're super cheap (10-20k max but needs moderate rehab).

I also collect a $10k non refundable deposit (or $20k for higher end properties) from the end buyer when the assignment form is completed.

My preference is to use property management software that has a rent collection feature.

On any cash offer we want to see good proof of funds....like a printout from your bank account, a statement from your stock broker, something like that. 

The way some buyers leave with a check is to close on the 2nd or 3rd of the month so they get 90% of the rent the seller collected on the 1st (assuming tenants paid on 1st or 2nd) 

When I mean SRED, referring to similar to green building, that is correct, coming from Materials, energy efficiency, passive house design, envelope, water collection, SIPS or MODULAR, etc. 

Check it out:Recessions & housing pricesBecause 2008 is forever seared into our collective conscience, it's easy to forget just how unique that time was and how incredibly stable the housing market has historically been otherwise.Yes, but...These are some of the reasons why I'm still buying with confidence.

Hello, I have an eviction action judgement against a former tenant and wondered if anyone had used a debt collector in the Phoenix area that you would recommend, to help collect the overdue rent and fees outlined in the judgement? 

Instead of splitting your monthly rent by the number of bedrooms, maybe split by number of bedrooms and add a $100 per room for the headaches of having to manage collecting rent from all the different tenants.