Unfortunately, DSCR loans weren’t a thing yet, so it definitely caused me some problems.

Google says 1/2% is normal, 5% might be common, 12% is the upper limit of acceptable and 17% is a cause for concern.

Anyone else notice the same thing and think this may be the root cause of Wendy's pain?

We're looking at a just under 7% rate, no points, with one free rate reduction within the first year (cause rates are doing down, right?!?!)

The only issue not covered is when to start the Renewal Process - we do so about 90 days before lease end.What will be interesting is how all the city/state actions to require 90+ day notices and "show cause" non-renewals will affect renewal timing.

The long-term damage to your finances is an order of magnitude bigger (add a zero).In other words, it is better to buy a desirable property in good condition and live with $200 negative until inflation has driven rent up enough to break even and eventually start to cash flow. 

Drainage Problem: The building has a drainage problem due to poor grading, causing water to seep into the basement.

We document everything: photos, written reports, repair estimates, and walk the tenant through what’s considered normal wear versus actual damage.

In the event you fail to provide us with the required number of days' written notice of termination and intent to vacate coinciding with the lease expiration date, as required by this paragraph and paragraph 36, you acknowledge and agree that you will be liable to us for liquidated damages in the sum of $1400.00 (equal to one month’s rent) in accordance with Fla.

The Tenant Classgreatly impacts rental income stability and property maintenance/damage by tenants.Both Property Classand Tenant Class affect what type of contractors, handymen and property management companies will work on a property.If you buy & renovate a property in Class D area to Class A standards, what Tenant Class will rent it?