I set clear expectations early on that rent is always due on or before the 1st of the month.In my lease, I give a 5 day grace period -- I tell my tenants this is offered as a courtesy and should be used sparingly (ie birth of a new child, death of a loved one, sickness, etc).

Stability over longer period is big beneficial in RE investment.

Listen to the whole podcast to get the best explanation but long story short it could be a very useful tool in lead generation!

., It it too short notice for me to make it tomorrow night, but do these meetings happen regularly?

I'd like to learn more about buying foreclosures/short sales and flipping.

Just a short Bio summary,I am married to a wonderful woman and blessed with two lovely daughters who are all grown now and married as well.

I have a 10 day inspection period to perform due diligence and inspect the property.

The problem is that when I run the numbers for DTI (even using the rental income @75%), we are coming up short of what we would like to be able to qualify for. 

So in short, you may not have to put up any of the money to purchase the property at all.  

We are in a great location because we have good markets for flipping as well as other markets for cashflowing rentals all within a short driving distance.