Both fill the gap between debt and common equity, but they play very different roles.Here’s how to think about it:Mezzanine financing is structured as debt.

I have, at my sole discretion, waived the late fee as a one-time courtesy to a tenant whom (a) is in good standing and has paid promptly for at least a year, (b) has informed me in advance that the rent would be late, and (c) pays up within a few days after the late fee would have kicked in.Whenever rent is not received, I start right away with a rent demand letter and proceed with the eviction process on the first day it is permissible by statute, even if the tenant eventually pays (including collection costs). 

One of the most common causes of residential fires starts in the kitchen — particularly from unattended cooking.

Keep it in your file.If the tenant later provides a new address and requests another copy, you can re-mail a copy of the same notice to the new address, but this is a courtesy copy, not a new or renewed notice under the statute.

Your input can help other investors avoid pitfalls and better prepare for common issues, especially with tougher inspection requirements and varying neighborhood dynamics.What’s been your experience?

Mitchell Bernier - Yea, and this is even more true when you consider that a common provision of the HAP contract is that you cannot evict over a lack or shortfall in payment from the PHA.

Fastest I have seen was 8 days on DSCR which is some what common since its a lite doc program. 

Keep the common areas, parking lot, dumpster area clean.

Hey Shaun,Yes 90% on either HELOCs or HELOANs are pretty common. 

Is this type of mistake common in property management?