I think the major issue these days is these are  transactions for those with money and experience but with the internet and the Pace Morby's of the world you are going to see a lot of folks with no where near the experience or ability to handle these get into these deals and the train wrecks that will ensue..

If a tenant is late with rent, I've never heard and am always paid my rent around the middle of the month from the PM-so guessing the tenant has always paid on time or close to it.  

We need to find the middle ground and figure out what makes the other person tick in order to create situations where everyone wins.

@Alex Johnson Detroit-Michigan falls in the middle of the pack regarding "tenant-friendly".As you start to build your Core Four, NEVER believe what people tell you unless they can explain it logically or provide 3rd party proof.Here's 3rd party proof that Michigan is in the middle of the pack:)https://realwealth.com/learn/landlord-friendly-states/https://www.lawdistrict.com/articles/most-renter-friendly-us...

You're crossing into civil legal matters that you should not get in the middle of.  3.

The increase in mortgage rates in April led to a slowing of the pace of growth in listing activity.

Then there isn't a middle person mudding the water.

Albuquerque's rental and resale market, historically speaking, is very stable and the market moves at a healthy pace.

I'm exploring several long term strategies:-Exit:The townhouses share common walls in the middle.

I buy low end properties and turn them into middle income/working class rentals.