Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingIf you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

I'm just the property manager and when I give someone a late fee or the boot, I'm just following company policy :)

Also, dont forget to add other costs to your depreciable basis of the house such as:1) if any improvements were done to the house2) The following items are some of the settlement fees or closing costs you can include in the basis of your property.

My 2 bed rents are pushing $1100/mo. 

I am new to RE investing and have been following the BP forums and reading/listening to the content for some time. 

I'm interested to see what was the last thing that pushed you to jump into investing instead of being stuck on analysis paralysis or just not starting.  

Having said that, if you want to get into real estate suggest that you do part time by helping local wholesellers and do the following:1) make a list of wholesellers in your area 2) call them up and see if they will let you pick up anything on their marketing side and once you in you can gradually know more. 

appreciate your replies, i understand i need to know the market better, but following on to my question, how do i zero down on a market?

The one percent rule is a good rule of thumb to follow .

Right now I can’t even show the property because there is clothes that were left and trash everywhere. 4) Do you have a time line you follow for tenants...like rent due the 1st, and what do you do if they don’t pay, and worst case scenario?