. :( As others' have said, it is smart to question what, if any, other opportunities there are with the portfolio.

By the time I get down to a candidate I like, I've already run extensive checks on her/him, verified their income, and the forty bucks for the check is just smart money spent.I also think a large part of it is being in the affordable-rentals sector of the business.

Is it smart to have your job, all your real estate, stocks and everything in one single country and at the whim of a single government?

.- Consider liability protection: Look into forming an LLC or other business entity.Starting with cash is a smart move to minimize risk and learn the process.

The reason I ask is if the loan is near market rate (versus the rates available 2.5 years ago) then a refi to extract sweat equity could make this more worth the effort, risk, cost. to be blunt, with the numbers as presented and without any extract of value (refinance), I am unconvinced that the smart move was not to re-rent in current condition for $1k.  

Smart steps include studying the market, planning your money, thinking about law stuff, and looking after the property.

To me , that waa so smart because the closer we are in agreement when we start the offer the less back-and-forth there has to be. if Real estate is Sales, I’d like to see actual selling skills and that goes beyond passing written offers back-and-forth. 

Very smart.  

.: Quote from @Bruce Woodruff: @Charles Granja Your posts are smart and appreciated.

People in general are just walking around made of glass these days.