I have paid a PM $300 to act as a leasing agent, and would do that time and time again.

Their theory was that the bills are being paid, its all good.4th- the tenant that was paying the rent stopped paying and missed the rent for October 1.

I can't find many reviews online.

This is the best website to help you learn online about investing in RE.

@Ken Cooper Sounds like someone young or someone that has always paid cash for everything.I personally feel like no credit is better than bad credit.Check his drivers license and make sure he is who he says he is.

Due to the fact a lien can be placed on your home if the bills are not paid, I would recommend back charging your tenants for the utilities.

All I've seen online was very positive stuff, but maybe we are biting off more than we can chew for our first investment.

I already paid $60 for the Process Server. 

LTV means loan-to-value"LTV with purchase price and repairs" means what you paid for it plus what you're paying to fix it, NOT ARV, after-repair value.

Some info that perhaps will help with your answer:- The duplex is paid off, purchased 2 years ago with cash - $525k.- Arguably the best location in the city, so appreciation is pretty much guaranteed.- In the past 2 years it went up in value approx $100k without any work.- I'm a buy and hold investor, usually hold for 20+ years.- Being paid off and after all expenses, cashflow is $2,308/month.Here are Investment Returns after calculating rents; taxes; insurance; capex; maintenance etc.The columns are: Year 1, 2, 3, 5, 10, 20, and Year 30.