But that's the angle I would play.

Also, since real estate really is a numbers game, your math and analytical ability will really help.Don't worry about not being a handyman - let someone else do the $10/hour stuff while you use your greatest asset - your mind.

This has been the old scam of investors, part of the reason I'm sure new laws have been adopted and such plays on the formation of a new regulatory agency, the CFPB, so far, they don't appear to be very investor friendly,doubt they will be in the future either.As Marc pointed out and as I mentioned, any note buyer will be considering the collateral, the market value.

I will likely update my lease to have a simple $35 late fee after the 4th and on the 5th automatically post pay or quit notices and just play hardball.  

Thank you Dion, these waters are rather untested to date, the insight I provided is from experience, there are many "life events" that can come into play after a note is made, not just can, but do.The best thing to do is to avoid issues popping up in the future.Don't misunderstand, the lender and the borrower ultimately must agree to the terms.

We seem to have similar game plans.

so im new to this site as well as to the investing game. i currently own a property which is rented by my property manger ( my real estate agent). im earning a positive cash flow since it was purchase paid in full no mortgage.

It's all a #s game since it's all about timing to get people that are motivated!

If the seller isn't willing to play by my terms and sell at a price that makes sense for me, the decision is pretty simple - I walk.If they need to know the specifics of how you came up with your offer price, then yeah - feel free to include the PM fees as part of your reasoning.

Fine with me, I played upon their fears and got a better offer out of it.I did not know it could be for such simple items such as this.