You should be setting standards by "automatically" serving the tenant with a demand for payment every month they are late.This shows the tenant you are serious!

It takes 5 minutes to enter at the end of each month and the invoices are sent automatically via email on the first of each month to tenants.  

⸻I am not Tony Robbins, claiming everyone needs to 10x and buy a 40 unit tomorrow.I am saying this:Do not let the sticker price trick you into thinking smaller automatically means safer.Sometimes the bigger asset is actually the more conservative move because the income base is stronger.If you are underwriting your next deal, ask yourself:Am I minimizing price or am I minimizing risk?

Late fees should be automatic and trigger the Eviction process if not cleared timely.

For example, if the property is worth $600k and producing $30k–$35k/year in net income, that’s only a ~5–6% return on the equity sitting in the asset.That doesn’t automatically mean you should pull money out, but it helps clarify the decision.If you believe you can redeploy $300k of that equity into additional properties that produce stronger returns (or long-term appreciation), leveraging the asset can accelerate portfolio growth significantly over the next 10–15 years.On the other hand, there is also real value in having a debt-free “anchor” property in a portfolio.

What you’re really trying to determine is income stability and documentation consistency, not just gross deposits.A few things many landlords look for:Two years of tax returns (Schedule C if sole proprietor) to verify reported incomeYear-to-date profit & loss statementConsistency of deposits over time, not just one strong monthBusiness license (if applicable)Length of time in businessWith self-employed applicants, I usually focus more on:Income trend (steady vs volatile)Cash reservesRental history and payment consistencyIf half the income is cash deposits, that’s not automatically disqualifying in trades like painting, but you’d want to see that it’s been consistent over a longer period and aligns with reported income.The key isn’t to reject self-employed applicants — it’s to apply a structured, consistent standard for verifying stability.

Credit pulls, AVM checks, payment history, tax status — all of that gets pulled into one view automatically.

It is a scary world we live in nowadays Daily - I get about 20-30 messages automatically sent to my Spam Folder.I also get about 5 messages in my main mailbox that are spam messages.

.** Analyze one deal a day until the read is fast and automatic.

Is there any sort of requirements for the student to be accepted into the program or does the 8K make you automatically accepted?