for sure I understand the hold back to get the old owner to move out.I recently bought a MHP and the owner could not provide title to about 6 trailers.. so I withheld 10k and with unilateral escrow instructions to our title company ( we don't use lawyers in our area). but it does the same thing your talking about.. they never produced the titles and we got the 10k.. most of the trailers I hauled to the dump any waywith this rash of ones I bought this year it was a long story on each.. suffice it to say were talking MUCH bigger dollars than 50k.. and I wanted the deals.. trying to hold back could have meant they went shopping and I missed them.. each of these I am scraping the homes and building 3 to 4 new homes on each one.. with resale prices in the 600 to 1 mil range.. so no I am not going to dink around with a 5k hold back on a 2 to 3 million dollar project.. get the land OWN It then deal with it.having to evict and have our dough out for a few months is simply not enough money to even come close to worry about with these particular deals.if your buying 50k props I get it .. and I would do the same thing..

I have instructed them that since the mailing of checks is never on time to Venmo me the money from February until the lease is up.

Make sure the title company's wiring instructions are correct by calling them.

I certainly don't want to discriminate against entrepreneurs, but I would feel more comfortable if at least one of them a more reliable source of income.Is this a valid concern?

I’m an American millennial entrepreneur who is interested in buying a small rental income property somewhere on the southern coast.

I'm a busy entrepreneur and don't have a lot of time to look at properties, nor do I particularly enjoy the process of house hunting. 

In he context of my prior post, I held rental property in a SDIRA and had insurance, a property manager, and had instructions on how the manager was to pay the custodian.

Set them up so they are easy to turn over -- Allure floors, standard washable semi gloss paint, month to month rental agreements so it is easy to get rid of non-payers (if that is true in your area), and clear instructions to tenants on what they need to do to get SD returned. 

I have already instructed my tenants to not send castle another dime.

Whenever there’s regular maintenance done on the furnace, the maintenance guy is instructed to take a picture.