Thomas S (can’t tag you on the phone)This is not correct, although apparently becoming a more common misconception.

I am assuming they may charging some  kind of closing cost.

I don't think you have leverage in this unless you're offering all cash, for all properties with a two week close, 5 day contingency kind of deal.What is the alternative use?

This is where we kindly remind them to notify us immediately of any issues and then remind them of their late fee per the lease. 

Hi All, This is kind of my Hail Mary.

I interview a lot of investors during our wholesaling and hard money adventures and see some really common issues I am going to try and address in this diary.

I worked as a rep for years and this was common practice.Hope this helps!

If anyone knows of or uses a property management that is looking for someone to start on the ground, visit their properties, create reports, deal with tenant issues, or deal with minor projects, I would kindly ask for a referral.

@Cody Bain you are considering one of the most common mistakes of active duty personnel.

Although in a humerous note I fell for the one in Indiana two years ago my PM calls  tenant cant afford rent and heat and they have a baby etc etc.. record colds.. so sure thing no problem give them 3 months free then pay it over the remaining months.. kind of like utls do.. well you know what happened they lived 3 months free and bolted out on the rest of their lease.. thats my style of landlording i go backwards.its these very situations that i was horrible at ...