Sometimes it can be difficult to collect and some landlords will keep any unpaid utilities out of the security deposit, though CA is one of the trickier states to do this in.

So, even a small negative like a $50 unpaid cell phone bill that goes to collections when you switch carriers tanks their score.

Quote from @Michell Chase: The signed contract states a deposit was collected, so I would make that part of your purchase agreement.

So B2C is out, but perhaps B2B might be an option (e.g providing a streamlined solution for all of the major mortgage servicing companies for collection of payments.

This is a great place to learn and to connect with people so take advantage of all the great resources.

@Sarah Larbi Hey Sarah, I'm a newbie here a BP but have been watching Central America for awhile now and found International Living magazine to be a great resource.

Not only can you collect rent to go towards your mortgage, you're also building equity that can potentially be used down the road for your next home or investment.

what are the laws in CO regarding unlicensed wholesalers tying up property advertising it and collecting a fee at closing is that even legal in that state. ???

I’m looking to connect with:Partners who can bring resources or experience to the table while I handle the heavy lifting of deal-finding, analysis, and management.Investors interested in deals with clear strategies and long-term potential.While I’d prefer to build a portfolio for the long haul, I understand the market always has buyers.

I love that the BP community is so open to giving advice and resources.