I do collect the ones marked "deceased" and hand them over to a guy who specializes in tracking down heirs.

Kevin and the fund will buy the home and lease it to the buyer until their credit has been sufficiently repaired that they can then buy the house from the fund.This almost seems to fall into the too good to be true pile.How can we ensure that we are not getting involved in some scam that is just there to collects folks' $250 and financial information?

If tenants are okay paying security deposit, full month rent and prorated rent, then I would collect that at move in.

It's always great to hear other opinions and collect feedback, so I'm looking forward to this new resource!

@Bharath Janakarajan I think washer/dry hook ups add to the amount of rent you can collect.

Your realtors must love you That property doesn't collect enough rent to overcome your variable expenses or be worth your time and the headaches

NO MATTER WHAT, get the tenants in question to fill out a 1003 app and have them see a RMLO to give a written opinion of the ATR rule for your tenants.See my collection of Dood Frank - CFPB resources http://bundlr.com/b/dodd-frank-safe-act-respa-tila

Those leaky toilets can get expensive.3) Collections, you should check locally as sometimes the Public Utilities Commission (PUC) gets involved and I think there are some states that have requirements on how sub-metering has to be done. 

Mine collects her own fee from the back.

It's a collection of the best flipping info from the site.Oh - and don't forget to set up your Keyword Alerts!