When we deal with these, we let the tenants know that we will be putting them into collections and seeking a judgement. 

BP is a great resource and I have learned a ton from the forums. 

Certain expenses are all lumped together for the sake of the P&L like insurance and taxes and others like repairs and maintenance can be viewed collectively or by individual property.

And make sure you have the financial resources to handle that. 

If you want to move assets off shore those assets may or may not be subject to collection depending on the country.  

How valuable is the first lender as a resource and network connection for you?

Many people start out active because they want exposure to real estate and don't know that you can start out passive - you can effectively hire the asset manager and supply capital to the investment.You can have great success as an active or a passive investor - but it is important to understand the difference and to select whichever option matches your skills and resources the best.Good luck!

The balance went to zero in 217 payments (not really what I expected, but I think I understand why).So, @Eric Jones, it is ENTIRELY possible to pay the whole $150K off in 8 to 10 years by adjusting the size of the "chunks" you pay toward it and possibly the frequency as well, depending on your overall repayment goals and the resources you have available.Thank you, gents!

1) I always use zillow to list new properties and use there platform to accept zillow applications2) Doorloop for management that includes accounting, repository for documents like leases, collect rents, tenant communications3) Received lease agreement from a lawyer

The numbers are trashy now but with the right approach, resources and ability you will come out on top.