You own 1,000 units spread across four 250-unit apartment complexes in Phoenix, AZ.  

Not a statistician-- but unless you are having an economic downturn (or all work at the same place and it went under)--collusion sounds likely as the odds are against all tenants suddenly having a financial exigency at the exact same time.Word may have spread that nothing serious happened with late rent (no late fee?

Somebody should include that in every real estate agent training course as so many have spread this silly thought process to buyers.

Although every other week is OK, you can spread it out more if you want (unless you have deep pockets).

My concern is if I'm spreading myself too thin across the three different markets for my first few deals instead of focusing on one area and really getting to know it and build my RE team in that location. 

She said that I can open another bank account for the rents/deposits/expenses or I can just keep track of the money in an Excel type spread sheet.

To make a strong offer, you need little to no contingencies, quick closings (typically), large EMD, POF, and an ability to create a spread for profit.

I think most people would argue that leverage lets you get into many deals so that 1.) you're spreading your risk, 2.) you have more appreciation over the long-term, and 3.) you have tenants paying down more mortgages over the long-term.  

I also manage properties spread from the east side of Cypress down to the energy corridor and none of those properties flooded either.

That $4k, spread across the two months at $2k each, makes up the difference between $3k and $5k for the two payments that are due.Now, here's a pop quiz for all you hotshots.