If it works for you, you may want to put in a shorter (7-10 day) inspection period to see if that helps. 

Here's a topic we don't see a lot about: is your CPA depreciating your rental property faster than the 27.5 year life of the structure by breaking out elements with a shorter life like flooring, roof, furnace, etc?

I like using the same color because I can just do a light blend coat between the shorter tenants, and frequently don't need to do ceilings, now that I have all the units on this regiment.

A shorter agreement is better for owners and vice versa.

I have researched the debate between 15 year vs 30 year mortgage but still have some questions: Pro for 30 year:Almost break even for cash flow, PITI is about $50 north of current monthly rent; I will use the condo as primary residence but will consider renting it out in the futurePros for 15 year:interest rate is 0.5% lower than 30 year rate, but there will be extra $500 cash outflow due to shorter payment timeframeI did come across an article arguing that with 15 year loan you could build your equity faster, and you can use the equity in one property to buy another.My situation: This condo will be my 1st property, and I am planning to buy an investment property within 6 months in Midwest or New Braunfels, TX based on current research.

While it would still liquidate my cash assets (and potentially require me to take out lines of credit/tap into my IRA) it would be for a shorter term with greater immediate return.

When evaluating your loan vs. your rental income, is it better to get a longer-term loan (i.e. 30 years) and have higher cash flow versus a shorter-term loan (i.e. 15 years) and have negative cash flow but pay off the loan quicker. 

The upside of this strategy is you can acquire properties much faster, with less money out of pocket, a shorter break-even point in which you actually start making money on the property (keep in mind, if you put 20% down, you don't actually make any money until you've recouped your 20%, and all closing cost), for some people this could be many many years when you're cash flowing at $150-$300 per month, unless you do a BRRR property to recoup your cash you put into the deal to start profiting faster. 

Or if you need a higher LTV and a shorter seasoning period you can get a portfolio loan up to 85% LTV and rates a couple of points higher than a Fannie Mae loan. 

You could make the period shorter if you are confident that you can get a proper inspection executed in that time.