Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.

It performs very well and the cash flow is strong.

If you go ahead and get a value add project how much trouble will tenants make and possibly delay your ability to perform.

Well that approach for Perform Covenants or Quit didn't work because the tenant, unfortunately, complied with the violation notices within a few weeks. 

We have properties that perform much better in our portfolio, but you have to draw a line where you say “below this it just isn’t worth buying”  we started off with the $300 and it served us pretty well.  

Did you perform any maitenance or inform the tenant of the need to do so.If tenant was negligent you can bill them the full amount of documented repair cost. 

A contract to pay for services is void when the service provider lacked a statutorily required license to perform the services. 63.

@Emma PowlinEven if you are not doing a 203k, but doing a Homestyle or ChoiceRenovation, most lenders with rehab experience will still require you to use a HUD approved FHA 203k Consultant to perform the initial inspection and complete the WWU. 

Aloha,For many years I've offered to market, show, vet, complete tenant review and document signing (tenant only, the owner signs at move in), collect Security Deposit and first month rent, perform move in inspection and documentation, all for 50% of one full month rent.

The contract expired de to your failure to perform.