I tried attending one in my local market a couple of times but felt like I was in some hotel ballroom being pitched on how the 12 year-old kid up in front would teach us all how to run to the back of the room to swipe $10K on our AMEX for the secrets of real estate investing.

Adding 1-2 doors this year would be awesome. 

Quote from @Collin Hays: Yeah, the old Lorrie Morgan song.Several years ago, we had a party renting a very large cabin that wanted to cancel 5 days prior to arrival and get a refund. 

Quote from @Jay Hinrichs: thats basic list one can add.Value add /  New construction / land entitlements/ Timber / Minerals/ Lendingetc etc.. far more ways to actually make money than just buy and wait for rental income to payoff debtl  Good old sweat equity still works  ;)

I'm 45 years old. 

. $200k fully financed with 8% heloc, 30 year term is $1468/month.  

If I cancel the PM contract do I need to pay a 1 year agreement fee to the old PM.

I'll bet there are few people that buy 5 a year for 5-10 years. 

Simply regrouting will have another crack show up in a year.

Warn them in the marketing (example: "This is an old house and noise travels between units.