Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

A BRRRR deal usually reduces cash flow a bit so a plus to waiting is that you collect more in cash flow in the meantime. 

Most banks will have a product available to serve as an escrow account.Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

Route operators have their service techs do the collections so they are able to do repairsat the same time. 

I did what most people do when they want to learn more about real estate: I got my license to practice in Virginia.

Now the numbers don't work.I went back to the drawing board and decided I would benefit more if I used the majority of the funds on the cottage and add a bedroom addition, while keeping the caterer in place and collecting higher rent.

A good wholesaler has an extensive buyers list that probably buys everything they send out, so there is no need to keep collecting emails. 

We went in, showed the tenants the rental comps, implemented leases, collected security deposits and raised rents to market.

At that point, you can then collect the full commission yourself. 

If you're going through a situation where you've had to chase down tenants to collect rent (especially if they've been repeatedly late or unresponsive to your attempts at contacting them), then it is time to evict.