And to top it off:Very little furniture, lots of dump runs, sometime the grass and landscape get neglected for a couple weeks, always sweeping and vacuuming up dust, painters tape stuck to your clothes, joint compound imbedded into your jeans, tools scattered around the house, half a wall is opened, trim isn't done....

In addition the federal census has a good collection of data.

Let them figure out who is short and have them try and collect from that person. 

So pick a strategy to get those cash reserves built up.Once you have your debt serviced and your needed cash reserves and in a rental property some banks want 30 percent down and 6 months of holding costs sold you go that long without collecting rent.

If I simply refer the renters, my employer collects payment from the renter and pays me a percentage of the rent as compensation, up to a certain dollar amount.

So, if they are collecting interest, they will have to pay income tax on it, but the principal portion of each monthly payment is tax free.

@Theresa Harris Gotcha, assuming you have a property manager to offload finding the tenants, collecting rent, coordinating repairs etc?

Note your only option to enforce collection of late fees, repair bills for tenant caused issues, etc. 

The property is currently tennant occupied and she takes 80% while i collect the other 20% for mgmt fee.

If it were me personally, I'd rather buy 4 rentals in cash, collect 6K/mo in rent...and have $50K sitting in the bank to start off....not too bad if you ask me.