Electric heating compared to gas heating is much more expensive, so if the tenant is going to use it, definitely have them pay for it.

hmm, I definitely would like a video tour when booking air bnbs.

You definitely learn as you go. 

If she is always late with the rent she doesn't fit the definition of a good tenant.

In my experience, these are definitely considered consumables, so it falls on the tenant to replace them.

While there are some deals 50 units or larger that transact without a broker involved, they're definitely few and far between.

If i am holding onto this property for a definite period of time, I also will want to calculate the IRR to see how it stacks up with other potential investments that I have run into.

They can definitely tell you what you need to know legally and licensing wise in NJ/NY as there are some restrictions in certain states and I think NJ is one of them. 

Definitely better schools in Rockwall, I think more people commute into Dallas from Royse City than Rockwall too.

He bought the property pre COVID, so his cash flow is definitely going to be different than what mine will be.The question I'm wondering if its a good idea and if the numbers make sense.Purchase Price: $100,000Down payment: $20,000 (20%)Current cashflow: $900Property manager: $90 (10%)His expense for 12 months was only $1,430 (inspections, repairs, management, eviction services).