Skip to main content
Are you ready to
Create healthy investments?

How does our system work?

The Landlord Medics (LLM) provides training for landlords throught our Boot Camp Modules.

Each module includes access to proprietary training material, forms, other helpful documentation matched to topics of the modules.

These documents should act as a base for understanding general concepts, and may be reviewed and adapted to fit best practices to your own state / locality.

How do you accomplish this?

Utilizing our 30 years of practical experience as landlords and investors, we have developed a very effective system, to help aspiring, new and established investors do the same!

Landlord Medics is developed with a single goal - Help landlords streamline business processes and save hundreds of hours a year, reduce costly problems to increase profits and promote healthy landlord-tenant relationships.

Bootcamp Overview

  • Module 1

    You’re a Landlord… Now What?

    This module explores your mindset as a landlord and emphasizes the need to know the difference between treating your investment as a business rather than as a hobby. You will recognize the power and responsibility of being an entrepreneur and an effective landlord.

    You will see just how critical it is to keep learning regardless of how many years you’ve been in the REI business. You will learn how to avoid common pitfalls and create efficient systems for success and prosperity.

    Once you have an effective Landlord Mindset, you will understand not only how you got where you are, but more importantly, you will understand where you are going, what fuels your motivation, and how to achieve ultimate success as a landlord!

  • Module 2

    Build Your Office & Team

    This module outlines who needs to be on your team, and the importance of interacting effectively with your team to produce the results you want to see. You will learn the importance of separating your personal and business interests and the pitfalls of failing to do so.

    Do you need an attorney? An accountant? What kind of insurance do you need? How do you handle maintenance and repairs?

    What should your office look like, and what forms and documents are critical? By setting up these processes for success, you will reduce stress, avoid litigation, save time, and protect your investment!

  • Module 3

    Build Healthy Relationships

    This module addresses the importance of good communication skills and conflict resolution.

    You will learn how to keep good tenants, deal effectively and swiftly with problems as they arise (and they WILL arise!), and how to avoid lawsuits and litigation.

    You will become familiar with Landlord and Tenant Rights and will learn what to do when good communication fails to produce the results you need, and how to reduce as much as possible the negative effects of the conflict.

    When it comes to healthy relationships with tenants, an ounce of prevention is worth a pound of cure!

  • Module 4

    Tenant Screening & Selection

    This module explains the importance of implementing a solid screening process when looking for a new tenant.

    You will learn how to define your qualification standards to avoid discrimination and find good tenants. Doing so will result in reduced risk of liability, damage, and vandalism. We will address how using rental software can solve many problems and provide the landlord with an efficient system to perform many functions.

    The proper systems will produce fewer vacancies and lost rent. One bad tenant can cost you months of havoc and lost revenue… learn how to avoid this by knowing the process of how to make smart decisions!

  • Module 5

    Lease Agreement & Moving In

    This module demonstrates the importance of having a solid Lease Agreement. You will learn how everything that happens or doesn’t happen revolves around this legal document.

    You will learn the different types and durations of leases and the multitude of components that make up a lease, including occupancy limits, inspections, maintenance, entry to the property, tenant responsibilities, safety, and guest policy.

    Also addressed in the module is the importance of taking the proper steps with the tenant prior to handing over the keys, including security deposit, renter’s insurance, utilities, and much more.

    By having a system in place to address new tenant orientation, you will learn to avoid mistakes that can be time consuming and costly.

    Learn what you need to do to get off on the right foot to promote good tenant-landlord relationships and protect everyone involved from legal liabilities!

  • Module 6

    Maintenance & Repair

    This module addresses the huge responsibility that landlords face when dealing with the maintenance of the property.

    You will learn how to decide between using a property maintenance company, doing it all yourself, or using a hybrid model.

    We will also discuss how to handle maintenance requests, knowing about code enforcement regulations, lawn care/snow removal, and the importance of knowing your property.

    There will be a detailed discussion on the importance of doing scheduled maintenance inspections, and what should be included in these inspections.

    Putting the proper systems in place can make or break your investment!

Self-Guided Bootcamp

  • Learn at your own pace
  • 6 module Bootcamp Course with review
  • Access to all documents and forms for 6 months
  • Bootcamp Workbook

Instructor-Guided Bootcamp

  • 6 Module Bootcamp Course (time-released) with reviews
  • Access to all documents and forms for 12 months
  • Access to all documents and forms for 6 months
  • Bootcamp Workbook
  • Live weekly Q&A for all 6 modules

Private Mentoring & Consultation

  • 1-on-1 consultation to address & troubleshoot your specific problems or concerns. Contact the Landlord Medics for availability and pricing.

We Help You to Develop tools for success

We currently offer a 6-Session Bootcamp designed for both aspiring, new, and experienced landlords who are looking to develop or optimize their systems for managing their real estate portfolio.

In each session, we provide detailed information that will guide you in performing the necessary tasks for being a successful landlord.

Our in-depth education and wealth of experience will help you facilitate practical and tactical skills that you can immediately implement in your business. Landlords will also get access to our many forms, procedures and documents that can be easily tailored to make your business more efficient and profitable.

Knowledge is power, your time is valuable and only you can protect your investments.

Let Landlord Medics help you!

How does it work?


As a Landlord you will need to focus on both the advantages of being a landlord as well as the duties and laws that you must follow to be successful.
1. The Business of Being a Landlord
When you buy a home that can house several families and start renting units in it to others you become a “landlord”. While this role will entitle you to collect rents, select the people that will live side by side with you and should lead to tax benefits, it also comes with certain important responsibilities.
4. Your Job As a Landlord
The moment your tenants move in, they will be expecting certain services from you — and you will be in the business of accommodating them.
2. The Purchase Decision
You are taking a big step in purchasing a two to four unit property and we hope that you have carefully thought about not only the advantages, but also the possible drawbacks of owning a small rental property.
3. Finding Tenants
When looking for tenants, it is critical to identify people who are willing and able to pay their full rent on time each month.

Are You Ready to be a Landlord?

1. Analyse the Target

Lorem ipsum dolor sit amet, con sectetur adipisicing elit sed do.

2. Find Ideas

Lorem ipsum dolor sit amet, con sectetur adipisicing elit sed do.

3. Prototype

Lorem ipsum dolor sit amet, con sectetur adipisicing elit sed do.

4. Test the Concept

Lorem ipsum dolor sit amet, con sectetur adipisicing elit sed do.

Frequently Asked Questions

Do the numbers work?

Many landlords figure that if you can get enough rental income to pay the mortgage, then that’s good enough. That’s one way to look at it. However, people who follow this rule usually end up putting more money into their property than they expected.

Why? The reason is simple. A mortgage is only one factor to maintain a rental property. First, you should factor in repairs, maintenance, property management, insurance, and capital expenditures (replacing big-ticket items like air conditioner units or appliances).

Also, you should account for vacancies. While this isn’t a cost, it’s really the lost revenue that occurs when you don’t have rental income. Even with multiple year leases, there usually is some turn-around time between leases. This turn-around includes the time you might need to repaint, refurbish, and get the property ready to go back on the market. Then you should factor the amount of time it spends on the market. Finally, there’s the time it takes for a successful applicant to actually move in. Most pros factor in a 10% vacancy rate, as a conservative estimate.

A conservative rule of thumb is the 50% rule. The 50% rule states that if your mortgage (principal & interest only, not taxes or insurance) is no more than 50% of your estimated rental income, then you’re in good shape.

Why 50%? Well, the other 50% goes to the other expenses:

  • 10% Property management
  • 10% Repairs
  • 10% Capital Expenditures
  • 10% Taxes & Insurance
  • 10% Vacancies

Assuming you’re able to make those numbers work, you should probably be able to weather most landlord challenges that come your way. If not, then you may want to reconsider your plan.

How will you manage the property?

Note that the 50% rule cites a 10% budget for property management. Generally, that’s the going rate (might be higher or lower in your area). However, hiring a professional property manager is no guarantee of success and it might lull you into a false sense of security.

While this doesn’t represent the overall market, it does seem that in many areas, property management is viewed as a career stepping stone. Many real estate professionals start off as property managers, just to get their foot in the door. As they gain experience, demonstrate competency, and build relationships, many folks go to more lucrative opportunities.

And frankly, who’s to blame them? Not only do they hear it from noisy tenants, but they also have to deal with landlords who:

  • Obsess over rent payments
  • Micromanage the smallest repairs
  • Have ridiculously high expectations of customer service

Oh, and 10% on a $1,500/month rental is $150 per month. Would you rather have that in your resume or a commission split from a $150,000 home sale?

Not to say that good, professional property management isn’t available. Do your due diligence to ensure your property manager is around for as long as you plan to rent out the property. This could be more than just 2–3 years, so make sure your property management company has a process in place for property managers who come and go.

Alternatively, you could do it yourself. Many people do. In this case, the 10% really is going back to you (or it’s something you’re doing to make the numbers work). In that case, you might want to join a community of like-minded people who have been there, done that, and can help you through the tough times. And there will be tough times. Perhaps you have a trusted family member, but don’t bet on it. Things work well with family, until they don’t. Then all bets are off.

Whatever your plan is, you need to really dive into the details and make sure you’ve got solid relationships. Not just with property managers, but with anyone with whom you expect to do work on your house. This includes contractors, electricians, plumbers, pest control, painters, cleaning folks, etc. Don’t just rely on your property manager to give you the names of people they recommend. I’ve seen examples where my the property manager received a kickback from the contractor for doing substandard work. Most property managers will accept your contractor recommendations, or honor your service contracts. Hold them to it.

Do you have enough money saved?

If you have enough money set aside, you can weather any issue that comes up. However, each dollar that you have saved for an emergency is a dollar that you can’t put towards retirement planning, college planning, or any other savings goal.

If you think about it, there are actually two aspects to this:

1.    If you aren’t already saving enough for your retirement, emergency fund, or other needs, are you sure that you’re going to have enough money set aside for this?

This is a BIG DEAL! If you don’t have an emergency fund, you probably won’t have enough to handle any of the problems that go wrong.

Need to replace a roof? Even if you have insurance, you still need a deductible.

Tenants walk out on rent? Lost rent is only the beginning. Most tenants who walk out on their rent don’t leave behind an immaculate house. You’ll have to pay for cleaning, painting, and repairs. Hopefully, your old tenants didn’t maliciously damage anything on the way out.

Then, you’ll have to hope that you’re not a victim of market timing. You know, trying to rent a house out in the middle of February can be tricky if you live up north. Or, if you’re in a college town, and your house is on the market in May, just in time for all the students to leave for the summer.

2. Even if you have money set aside, will this interfere with your retirement goals?

In other words, will having a rental property force you to divert money that you would otherwise be socking away in the Savings Plan, or your Roth IRA?

In my case, we were able to keep our rental property afloat during an otherwise challenging time. But that came at the expense of a lot of retirement savings. While we ended up all right, we definitely could have done better had we sold our house, then saved my deployment pay.

Can you handle a triple-whammy?

What’s a triple-whammy? It’s a play on the superstition that ‘Bad things come in threes.”

You know, like a tenant skipping out on rent, doing $2,000 of damage to your house, and you can’t get a tenant for four months.

Or a tenant that becomes a squatter, stops paying rent, and forces you to hire a lawyer to begin the eviction process.

It doesn’t just have to be all about your rental property. It could be one rental related issue (like having a tenant that is consistently behind on rent). But then, you find out that you have to pay for airfare to attend a funeral, and your car broke down on the way to the airport.

Everyone should have enough money in their emergency savings for life’s triple-whammies. However, having a rental property increases the likelihood that a triple whammy will happen to you. And you need to be prepared for that.

Are you better off selling?

If you’ve made it this far without saying, “That’s it, I’m done!” then congratulations! You might have the temperament and resources to weather the toughest landlord issues.

With that said, it might be worth taking a look at what you could get in the rental and sales markets. For example, we were faced with making a significant profit, or having what seemed like great rental income. At the time, I was deployed, my wife was pregnant with our twins while having to handle our Permanent Change of Station (PCS) by herself. We had decided that it was easier to stage the house to rent out than it was to get it ready to sell.

After all, it seemed that either way was a sure bet. I won’t go into numbers, but we were at the statistical height of the real estate market in New York. Of course, knowing what we know now, we could have sold the house, even though my wife would have been doing all of the hard work,

It takes a lot of work to get a house ready to sell. But when are you in the best position to do that? Probably when you’re living in it, or at least living in the same town. Moving away, having tenants, dealing with property management companies—those are all things that complicate the eventual sale of that property.

At the very least, they make the numbers a little more complex when you’re doing the math.