I would collect their email during bookings, using stayfi to connect to wifi etc.

I know that as a landlord manager of my properties I can deduct at a rate of $0.56/mile the cost to drive to my rentals as long as I keep good records and for certain approved activities such as collecting rent; going to make repairs, etc.

We have gone through 2 before we got our current one and she is not perfect but she hits the key points. gets them leased up with good tenants, gets the money collected and gets the maint done.

And#2 - Ask the applicant to provide you with a statement from the State Disbursement Unit (or whatever the agency is called in your state that is responsible for collecting/distributing child support payments) and/or a copy of their bank statement documenting that the payments are actually being made.

In 6 years I have collected maybe 15 months rent and spent every dime plus some in repairs.

Real estate law states (and yes, there is some grey areas in SOME states) in order to "collect a fee" for a real estate transaction, you must be a licensed real estate broker to collect fees.

@Rebecca Coleman As far as logistically executing a seller finance deal, I think one aspect that regularly gets overlooked is how the payments will actually be made.When of the most common objections from sellers (especially tired landlords) goes something like this, "That sounds great and all, but I don't want to be running around collecting checks like it's rent.

Colorado- While rent control can apply in certain cities, there are places in CO that have very low vacancy rates- elevating the overall rent you might be able to collect (obviously in a % monthly rental yield ratio objective to purchase price). 

In 30 years as a landlord I have had 3 evictions. 1. was when I used a rental company in a soft market and they never collected the deposit from the renter before she moved in and it went down hill after that. 2.

@Hanan Kim  A lesson I learned over the years is to collect all of the facts before going nuclear.