Meaning you have your own solar or generator, water collection, and use a compost toilet?

@Victor Boctor I'm not the professional here, but I think that the character of the income is more important than how you collect it.

That means all costs are covered, with the exception of Income tax, and all pass through fees are not included (i.e cleaning fees, transient taxes, etc. which are collected from the guest and then paid out to appropriate entity.)Use both vrbo and Airbnb to maximize exposure.Always have money set aside for unexpected expenses, or if you find yourself needing to cover expenses because income was lower than expected.

Louis both the tax man and the real estate attorney urged us to register in the state in which we did business (bought property and collected rent).

This tenant has been nothing but difficult and seems as though they are somehow entitled and do not have to follow anything in the lease, I am adamant about actually collecting the late fees.

That's got potential to help investors long term.Chicago Renters Can't Afford Rahm's Property Tax Hike, Landlords SayBrian - I think a concern those of us owning in gentrified areas should have is that if this tax hike destroys property values in non-gentrified areas, then City revenue collections will fall in those non-gentrified areas (think pockets of Chicago like Detroit). 

Also collect recent paystubs, confirm employment, call previous landlords, etc.

Good Morning MN BP Community;I will be closing on my first property in a couple of weeks and I was wondering if you could share some advice about rent collection.

What is the process to start collecting money from past tenants of an apartment building that owe money to  the landlord?

In case of a split up or problem you want your voucher holder to be the one to stay.If the voucher holder does not qualify alone, pull in as many as you need to get them to collectively qualify.