As much as it might feel rewarding, chasing collections from past tenants is a waste of time.You are better off putting your time and energy towards getting your unit re-rented, or finding new properties, or whatever.

It seems that the big property management players have bypassed security deposits all-together because of the CLTO.

Sometimes guys will bid a job too low, and then have to go chase money from other jobs to stay afloat.....Just have a firm heart-to-heart with the owner and put some pressure on him.

It's similar to my first tornado when storm chasing.

At least it should be if you plan on being an entrepreneur.The time it takes to do tasks is nothing compared to the enthusiasm of jumping in your car to chase down a “hot” lead.

I am using Chase for my personal finances.

Seems like a business I'd do well in and would actually enjoy.I understand it still requires work to establish these relationships but it would be awfully nice to have repeat business over and over vs deal chasing one and done deals.By the way, I have full intentions on attending your cash flow expo =)    (credits owed to @Alecia Bolton for the recommendation)@Chad U.

If they are close to the property as the lot size is small that could hurt the rental as you can’t do much about loud/aggressive neighbors who chase out any renters.

I’m not a doctor nor am I a big player as this is my first venture into commercial single-tenant 1031 as I lived in the multi-family world for a long time.

Look, to be frank, it is very concerning to place yourself in a compromising position especially, if you're not involved.Eventually, good workers will not show, you will be chasing him, he will most likely try to do other jobs in addition to your project...