Once all is said and done you cut their lockbox and get into the property.

That way youre not dealing with airbnb taking a cut.

Yes-in state, out of state, for each one they want their cut.

I’m in Texas so I also have high property tax rates that cut into profits.

So, my question is do we have the legal right to cut the locks off of that unit and remove the customers belongings or are there some sort of squatter laws that we are not aware of?

The last thing you want is to have your hard earned savings tied up without the time to oversee it properly.Good luck!

Of course because this is California, you would have to give them the option to either wave last months rents, or cut a check equivalent to last months tent.Lmk what your status is and what you ended up doing :).Btw the lawyer I spoke to is based in SD as well.

I wanted her to come in with her lowest, instead of cutting just under his.

@Ronald RohdeI get that the legal profession can be cut-throat, but that's no reason to mislead investors.

What's the best way to purchase without tying up too much capital?