In that case, if they can provide us with proof of contract cancelation, we terminate their lease without a fee and refund their full deposit (assuming there isn't any property damage).

I own rental properties in one city and two of them had insurance claims in the last 2 years due to hail and tree damage.

Studies have shown that the longer a poorly paying or non payment tenant stays in a property, the greater the chance they do purposeful significant damage to the property.  

Chris has a good reputation on BP, especially in what can be a killer market (Memphis) if you don't know what you are doing or where you are buying.

Often, units that are sitting on grade will see deterioration of the cooling fins, due to animal urine or other contaminants, and physical damage, both of which affect performance.

But for a stabilized Class B multifamily in this market, for example, my bare minimum would be 10%, "depending" on how much brain damage the building caused me (even though I use a management company) and what the appreciation potential is (which I never assume more than the rate of inflation, tops) etc.  12%+ is what I'm after.  

Does anyone happen to know if there is anyone that can help or at least guide me to a person, place or thing lol that would have reputable training.

At the same time, housing operators are havingto repair damaged units while insurance costs spiral ever higher.Thebottom line: Revenues are falling while expenses are rising.Thereare no quick remedies.

Approval for extra pets, yes: I have multiple statements about "and damages by guests, XYZ caused by guests, performed by guests, etc."  

I dont know if Don does land development deals but I am sure if he does not he will probably have a decent referral for you of a reputable lender lots of frauds out there as your probably aware.