I just went on AIR today to update my listing for the New Year, (prices, policies, etc) and found the old way of editing the listing changed.

My policy is to hit with a late fee on the 5th and file a 3-Day Notice on the 10th.

Our first deal (SFR ranch is sitting at a 10% COC return after all expenses, vacancy, maintenance, capx,property management, PITI etc.. our second deal (4plex is sitting at an 8% after the same expenses with meat on the bone to get me closer to a 9.5%) For all of those that were newbies like me hearing negative things and that you cannot build wealth, I'm here to tell you that yes you can!

I have an idea of talking to them about me purchasing the property and would allow them to continue to act as the property manager but don't know if this the best option or if this is against a common company policy.

@Rousner ErmonfilsMy business policy is no evictions, ever.

Thanks to help from the BP community we tightened up our rental policies and screening processes. 

I want to add a provision to my standard TAW agreement that states the parking policy so that tenants acknowledge that parking is for tenants only and they are responsible for notifying their guests of the parking policy.

You may state you have a 3 strikes policy. 

Don't take a chance of some title issue or claim popping up and becoming your problem instead of the underwriter's (issuer of owner's policy of title) problem.

Try the collar counties.I have the same problem in San Antonio.Whatever county you go to call ahead of time and find outwhat their policy for paying is and whether you have to register in advance.