While the article does make some great points the author is coming at it from the wrong angle... and is a bit extreme in his beliefs (if you read the comments thread).I certainly don’t view it as an investment, but a place to store cash that can be leveraged while still gaining interest.

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

You might also consider maintaining a certain level of cash reserves to handle maintenance/capex as needed.The general point the author is emphasizing is that to reap the benefits of compounding you must reallocate your cash flows into the same or other cash flowing investments rather than spending them on discretionary expenses.

Typically properties will mold and excessive damages will go under contract a time or 2 and eventually will come back on the market after the buyer's appraiser determines it does not meet FHA standardsCurrently, I am not seeing bids accepted under 86-88% following the Asset Manager change in the last 45 days or so. 

Tips to Prevent Future Issues: Guest Policy: Include a clear guest policy in your lease agreements, specifying how long guests can stay, whether they can have keys, and the procedure for adding an authorized occupant.

I live in Iowa and I'm seeing nothing on the web for my state. 

You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.

Owners should write a narrative about deals/assets for insurance providers.2-3% rent growth is always appropriate.Rents are flattening.Buyers are focusing on untrended rents.Getting the pig through the snake, as an analogy for getting through current excess rental inventory absorption to get to a gap that will exist in a couple of years.

However, this is a serious violation on the part of both parties and I am sure the Housing Authority Integrity Officer would investigate.

Even if the blended rate is higher than a cashout refi in the beginning, you can pay down the principal on the 2nd with your excess income while keeping the 1st mortgage in place as is.