CheersThat is a very common and typical situation/mistake that we Investors all make when starting, trying to save every dime to make the most by doing things yourself.

@Chad GriffinFor some people a quick nickel is better than a slow dime.

Investor from Minneapolis with 31 doors mostly houses with 6 duplexes. 40% paid in full, 6 units have not paid a dime, the rest are putting together plans to make payments.

We try to offer better than usual value by having the nicest units at every price point where we compete and we try to offer good service- we don't blame and nickel and dime tenants when they report problems. 

This line is just a protection for them to keep from getting nickel and dimed by appraisers.

When you buy a new build, in my experience with a bigger builder, I put down $5K I think it was, and not another dime til they handed me the keys.

I would rather have people and all their animals at my places for life vs nickel and diming them for everything.

I have never spent one dime of my rental returns on myself or my lifestyle.

So, tenants can now legally squat and not pay a dime until at least August 20th, at which point they would only owe the back rent (sans penalties) less their security deposit. 

Improvements + revenue increases = appreciation on someone else’s dime.