Let's pretend it's a generous 1 yr CD with no early withdrawal penalty.7 year CD: 2% and penalized six months of interest if you pull funds out early.If you pull funds out after exactly 12 months, it's a wash:1 yr CD @ 1 yr: $10k * 1% = $100.7 yr CD @ 1 yr with penalty: $10k * 2% - [$10k * 2% / 2] = $100.After 18 months...1 yr CD @ 1.5 years: $10k * 1% * 1.5 years = $150.7 yr CD @ 1.5 years and penalized six months of interest: $10k * 2% * 1.5 years - [$10k * 2% * 0.5 years] = $200.So there's your low risk / low reward "CD hacking" tip of the day to get rich by earning an extra $50 on $10k after a year and a half.

I don't have late fees I have an early pay bonus.   

Your not going to have much luck forcing tenant to have internet..The cost of the service is a expense you can deduct from your taxes.. it outweighs the cost of water and if there a way possible to add the connection to the apartment it's a bonus for your tenant,, and cost could be rolled over into rent.. 

1) I'm looking to have ideally 80K annually but 100K-120K would be bonus points.2) I expect to live to about 80, at least based on how long my father has been alive.3) I don't mind being hands on.

What you could do is, if everyone meet deadlines, meet man-hour limits, then if ever it's better, structure a pay bonus.

@Tiffany AlexyYeah I'm glad to have something with a decent cashflow, it's just a bonus that it's riding the wave of appreciation that's happening in the area too.

Occupy a unit for one year and then move out, my parents are very generous and allow me to keep my room at their house.

Bonus points-- What if it's quitclaimed to an LLC we set up instead of personal names?

Is your W2 based on bonus or commission income?  

If it can help me gain a Great Reputation and Close Great deals I won't hesitate to generously and fairly compensate them for that.