Everyone knows In the old days, if a painter fell off a ladder, his attorney would sue his employer and the homeowner and let the court sort it out, or more likely collect a settlement from both.

I think other brokers and agents give the wrong impression to new agents and it’s really a disservice.

And I am guessing numbers that pencil to a 10% cap rate when truly adjusted for risk (i.e. higher turn over cost, lower collections, more Capex) will bring those number down anyways.  

It's very impressive!

I am so impressed with you and your post. 

What are the best apps to use to manage tenants and collect rent?

Pennsylvania is looking to pass a bill to have vacant property registration and annual assessments and collect fees on vacant properties.

Using a DCF model, you can project out hightened rent collections for a period of time, say a year.

I think other brokers and agents give the wrong impression to new agents and it’s a disservice.

I get the impression it is not legal to double-close real estate in Michigan unless you involve a brokerage in some way because it would not be your principal residence.