I actually prefer to leave them as the titled owner because there are no property taxes as government entities cannot be charged taxes.

There is not enough info here to know if you have a legitimate out of the contract.

Each time we serve a legal notice, we charge an additional twenty dollars ($20.00) posting fee.If you do not follow the terms of the “Notice to Pay Rent or Quit” we may then begin eviction proceedings against you and you will be charged with the crime of “Unlawful Detainer” if a judge upholds our claim.The amount of rent now due, as of today’s date _________________, is as follows:Current Month Late Fee_______________Current Month Rent_______________TOTAL DUE_______________Time is of the essence.  

Of that $22.25 is the basic charge.

@Anthony Capaldi  Is he charging you 15% interest rate? 

You will lose rent, you will probably incur additional charges for the eviction, and you'll likely incur losses due to cleaning and repairs.

For HMLs in particular, and especially if they've reached out to me, I'm looking for positive reviews and referrals showing that they are legitimate.

Putting your tenant in charge of managing your business is a interesting approach.

They should provide these things free of charge, but it never hurts to get your own independent reports.

I know “C” class buildings are older and charge less rent but I was thinking maybe to renovate it and put it up to date more modern.