We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

We don't cover that area, but know that due to lower population density, finding a great PMC is difficult. 

@Matt WeddonLegally, you’re covered as long as you stick to objective, non-discriminatory reasons for rejecting someone (things like personality or ‘vibes’ don’t cut it in Fair Housing law).

we have several properties now in McHenry County now, and we are looking desperately for an attorney that covers that area.

If USPS is slow, tenant is subject to late fees and even eviction.

Also, are you doing separate loans, or one loan covering both properties?

The issue is, I'm not sure if my income will be enough to cover 2x the monthly mortgage payment that most loans require.

I have a buddy that has been doing flips for a few years and he now has investors approach him asking to get in on his flips so he lets them cover the down payment/entry fee's for 30% return on their money.

Interest Income: The interest income generated from owner financing is considered passive income and is not subject to UBTI (Unrelated Business Taxable Income).3.

Point being that property you acquire 1-2 years ago is likely to be subject to deferred maintenance and capex, so their "long term" performance in rankings 1), 3) might skew poorly in year 1-2 but may pickup  after you've found and fixed all the hidden issues.I know if i did this exercise across my portfolio, the recently acquired ones wouldn't be fairly "stacked" because of all the year 1-2 cost build up from what the seller deferred, but have good chances at being future performers in years 3-5.Maybe that's why you have 2) and 5) but curious your general thoughts here are for evaluating this.