I wouldn't necessarily say that this shift is here to stay, but we definitely have to make some changes to our acquisition process to accommodate creative deals and novations.This shift is due to the saturation of the major markets, resulting in newcomers in the business offering too much for properties and not delivering on those promises, realtors promising too much for listings only to have them heavily decreased or canceled six months later, and the small increase in supply that we have experienced since the beginning of the year.But yes!

I have a similar situation where the tenant owed 6300 for the past few months ive been getting an extra 500 from her bring it down to around 3800 but now her portion for the rent has gone up drastically for the new lease renewal so I probably wont be seeing much more and will be cutting my losses next time they are behind.

Specific Business License: If I create an LLC specifically for the property management side of things, can I obtain a specific business license for this?

We also have an onsite manager who is handling the day-to-day business. 

Article about their business that I can across:https://www.inquirer.com/busin...

Specific Business License: If I create an LLC specifically for the property management side of things, can I obtain a specific business license for this?

I deal with a lot of these people because our houses are mostly new constructions and great for business like this. 

Wanted to bring as little down to close as possible.

Glad to see someone bringing this to light here.

I'm not sure what a newbie brings to the table during the rehab process anyway.