Your pm should have hundreds if not thousands of properties under management.  2) Make sure your insurance is valid on a property that’s been vacant 6 months, many policies don’t cover properties empty that long. 3) You could have lowered the rent to $1,200/mo after the first month’s vacancy and been way ahead.

I’m an officer up there and I know for a fact hundreds of millions are headed this way for weapons systems upgrades.

Its a whole different strategy, which makes it an opportunity as well.Still, there are hundreds of residences built in the 1950s and 1960s south of the tracks, especially in Gulfport and Biloxi, still standing after surviving both of these storms. 

I assume you have a few hundred k in the bank? 

. - 1.28 gallon toilets, eco-friendly faucets, eco-friendly shower heads, etc.) as a way of helping this rental property consume significantly less water (enough to save me a few hundred bucks each year...

If your state losses are several hundred dollars or more - then pressure your CPA to verify whether these losses are worth filing current state tax returns.

If you can't commit at least 2 hours a day or 8 hours a week (in my experience) and a few hundred a month- I’m at $200/mo in marketing, lots of driving for dollars and TTPIf you know you can't commit to that - DO NOT SPEND THE MONEY.However if you are super hungry and you’re going to wake up insanely early and work on lunch or lock yourself in the laundry room to have privacy to cold call for a few hours a day -- if you can keep the promise to yourself - DO IT.

So I told the seller, I got a bad vibe from this, sounds like this lady is going to live to a hundred, and rent control laws, as well as laws protecting tenants over 62 here in NYC make it impossible to get rid of her.

With conventional, you can just drop the MI when you have the equity- you might have to pay a few hundred bucks for an appraisal. 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.