Quote from @Brandon Weis: We have historically had in our leases that renter's insurance is required, but we had been lax on enforcing it because owners didn't really care and not all tenants had it.

I will be very careful with my first investment if I were you, unless you have a rich father or uncle who is willing to finance your mistake.

Marketing, screening, collecting rent, unpaid rent, maintenance, capex, insurance, lawn care, vacancies, turnover costs, inspections, and so much more. 

I have had a couple of long term tenants who struggled to pay rent on time but always paid and took good care of the property so I worked with them. 

She doesn't care, why should i. 

I do not care if someone had a marijuana charge 12 years ago.I do care if its 10 guys coming in for a bachelor party. 

There are cheaper one’s in D/F areas but I would be careful as those can create a laundry list of additional issues.

Get the maximum tax deduction, invest, and then be selective about which asset I would like to convert.

Who cares about lifetime interest costs, except to the extent you can easily lower them (refinance to a lower interest rate) to increase your cashflow.

Care to tip me?