If he didn't want it or can't afford it, I would have reward him with 60 days time to find another place, then find a new tenant that can pay what it is worth….  

Its money well spent land development is high risk high reward.. depending on Jurisdiction. 

How do you balance the risks of holding during a market dip versus the rewards of appreciation?

Have a garden for food or flowers.

I made my calendar available for twelve months because OTAs tend to reward open and available calendars.

I love going out to try new drinks and try new food.

So you have to weight risk to reward.. and sometimes we have to eat one that we bought it happens..

Furthermore, if anyone knows of a third party that provides the data or is interested in periodically gathering the data for me from the county courthouse (for a monetary reward), please reach out.

There’s no risk and all reward because if somebody can’t provide ID, they’re not going to be able to rent from me anyway.  

If you think you'll hand it off to your PM to run and take the great amount of passive income as your great reward, there is so much more to it.