Louis both the tax man and the real estate attorney urged us to register in the state in which we did business (bought property and collected rent).

This tenant has been nothing but difficult and seems as though they are somehow entitled and do not have to follow anything in the lease, I am adamant about actually collecting the late fees.

That's got potential to help investors long term.Chicago Renters Can't Afford Rahm's Property Tax Hike, Landlords SayBrian - I think a concern those of us owning in gentrified areas should have is that if this tax hike destroys property values in non-gentrified areas, then City revenue collections will fall in those non-gentrified areas (think pockets of Chicago like Detroit). 

Also collect recent paystubs, confirm employment, call previous landlords, etc.

Good Morning MN BP Community;I will be closing on my first property in a couple of weeks and I was wondering if you could share some advice about rent collection.

What is the process to start collecting money from past tenants of an apartment building that owe money to  the landlord?

In case of a split up or problem you want your voucher holder to be the one to stay.If the voucher holder does not qualify alone, pull in as many as you need to get them to collectively qualify. 

Saves you commissions and you collect more cash.

My partners DON'T think about scalability and that became a  problem.However, since they defer to my guidance as the most experienced Partner, I implemented several scalable solutions ahead of time.For instance, don't buy a rental and NOT use a rental collection website.

However, if they don't have enough collected funds to cover new roofs or decks, they will just do a special assessment and you might get a bill for $3000 for new roof.