FAANG. my return on RE investments is far over 25%/year.If you cannot achieve over 3.2% investing, I will give you 3.5% on any money you want to pay off early so that you can make 0.3% more than what you are getting charged.

You might find people that charge low rates, high rates, lots of fees, no fees.I'd focus on competency.

Dear resident, "Please pay me rent and I am going to charge you to pay me..."

Quote from @James Runkle: does anybody have the latest information on this fiasco for appointing a local agent in charge for out of state investors?

Even if appreciation is slower, you can buy sooner, learn faster, and reinvest cash flow into additional properties.

Some will suck your money right out of your wallet, while others will accelerate your learning and get you into deals faster.

I'll add what I can:1) You can probably actually charge tenant for trash - if you can break it out from the property tax bill.3) Lease language needs to be very clear as tenants will try every angle to get out of paying!

Two fixes would win a lot of borrowers: make appraisals and draws faster and more transparent.

When that happens , I post a pay or quit notice on the door that rent is due , how much the late charge is and on the 5 th day if not paid I will file for eviction for non payment of rent .And that the security deposit is not a rent payment , but its for any damages and will be returned within 30 days if the house is in good shape . 

As I mentioned above, if you're not registered as a HML or lender and you are charging fees as a lender, you're in violation.