I'm surprised BiggerPockets doesn't automatically insert a definition for 'absorption rate'. 

If you're thinking of doing that, you may as well buy stocks.Let's take the partnership case where you are the minority holder(I'm not going into various types of entities here, so insert LLC, TIC, or whatever you please, the type of entity wouldn't change my response.)

I will also lump writing LOI's into this 4 hour time block as well as I have a form letter ready to go and only have to insert a couple lines of information into it in order to customize it per property.I meet with my mentors for roughly an hour a week, although they are available pretty much 24/7 through text and email should I need them.I set aside an hour per day for reading - usually when I get home in the evening and before I pick my daughter up from daycare.  

She obviously didnt remit rent for august (because she wasnt supposed to be there)...im checking with them every day, still getting no answer or 'insert tenant sob story' from the PM.

(Keep in mind, comps would never justify this figure, but I Wanted to insert just to show the income value) In this town, there are very few MFR's.Cash on Cash Return: 27.76%Purchase Cap Rate: 30.31%Monthly Expenses (See below): $1,348Monthly Cash Flow: $1,527Annual Income: $18,322 AMAZING!!

TextExpander -  lets you instantly insert snippets of text from a repository of emails, boilerplate and other content, as you type – using a quick search or abbreviation.

If those doors under the sink have a lattice insert you coud replace the iserted part with wire or a beadboard panel.

The best market for you is likely in this order:1) Within 2 hours of where you live.2) Within 2 hours of trusted friend/family partners.3) The market you choose to focus on.Pick one and get started, don't let investors from INSERT CITY HERE explain to you that you'd be better in their market... just work with what you have and create value.This is not to undervalue some markets that are categorically bad choices.

They can say no but their vacancy can be terminated (and I would because once word gets out that you tried to increase and they just said no and you folded....its over).I would follow it up with a thank you for your tenancy, however I am terminating our month to month lease effective (insert proper legal date) letter.Good luck in whatever you decide.

or C) [Insert answer here].