I would not let them dictate the timeline though, as a call to the tenancy board (or authority) to query, would be prudent on your behalf.

The late fee is compensation to the landlord to offset the cost to their business for not having a timely rent payment (BTW, have this figured out so you can substantiate this if a tenant ever challenges you on this in the courtroom because you tried to deduct unpaid late fees from their security deposit).You could have the property manager or yourself (if you self manage) query the tenant as to why the rent is consistently late.

@Charles Seaman, in response to your query, here are some red flags to watch out for: 1.

For appealing appraisal, the easiest way is absurd adjustments (and adjustments are often absurd: $10k for a BR when simple query of average 2br vs 3br sold will show value of that extra BR on average, same for bathrooms, etc).  

If I provide you with my search criteria could you do a query and provide me with a mailing list so I may locate potential properties to purchase.

Martinez and his response to my query (email address omitted).Tony I am all not familiar with this aspect of real estate; is it using creative strategies regarding single and multifamily apartments.

No idea which of the posts you are even querying...

As for their data scientists, best that someone from HomeUnion responds so they can adequately respond to your query.

I have one main search query and several "specialty" searches.For the main search query, I search the main zip codes I focus on, up to $100K list price (I don't purchase higher than that), 3+ bedrooms, 2+ bathrooms, built after 1978.

If one were to search a simple line on google "can i use a conventional loan on a distressed property" all of the queries state that it is generally not possible.