@Makan A Tabrizi Check with your insurance as I’m not allowed to have gas stoves or ovens.

Bernard- Akita- Wolf hybridsUnfortunately, these are prohibited for insurance reasons.

On the other hand, you stated that the management firm was charging 15% and had a 15k expense. 

We have not disabled ours or converted to gas, but Tenant must sign a Fireplace Addendum stating if they use it, we require a higher renter's liability policy with us as additional insured, rules on wood, storage, use, safety, they pay for yearly professional cleaning each year they are there, etc.  

However, many lenders and insurance companies are tightening restrictions and premiums for these types of properties.

As expenses fluctuate (property taxes, insurance, maintenance items, etc), the cash flow will be up and down and unreliable.

DOS or more commonly known as Event of default.Alienation of title is an event of default in most all debt instruments not usually located in the Note its in the mortgage  deed of trust etc.And along with other Events of Default  IE non payment of Insurance or tax's or waste these all give the lender the right to Accelerate the note but not the obligation..

Got added to the property insurance policy as additional insured.4.

Plenty of opportunity here in DFW.So far I've been working with a couple of local development firms (Realty Capital & Hunt Realty Investments) that have given me some guidance on the commercial side.

Of course, always check recent reviews.. they tell you more than a flashy website.Size Matters: I’d avoid both extremes... massive firms managing thousands of units and one-person operations juggling too much.