A lot of the deals that I analyzed (and passed on) over the past 12-18 months had unrealistically thin margins, and I saw the same thing on some of the loans that I looked at.

In my experience, success in D-class areas almost always requires being local, extremely hands-on, and self-managing.

If it's zero, put in a zero, line through it, or something.If you don't use a manager, line through the entire clause and then you and the renter should initial the beginning and end of the line as proof it was agreed to.NHG  (D) As used in this Lease, Landlord’s “Authorized Management Agent” means ______________________________, address:___________________________,who is also authorized to act on behalf of Owner for the purpose of Service of Process and accepting Notices  NHGYes, you would check the line next to the form(s) of payment you accept.

I'm fairly handy, but just to balance things with my 9-5 job, focusing on something that just needs superficial updates or something nearly turn-key is probably best. 

I would appreciate any comments on any of these questions:1.

LOne common strategy is doing a cash-out refinance on one of your rental properties to tap into the equity.

I have an STR and previously did not allow pets on our property out of fear that they would destroy it. 

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.

Jay,You mentioned total loss on syndication deals. 

Focus on what matters, not on things that have nothing to do with what drives the desired  results.