Do you have any go-to value-adds that consistently bring the best return?

Eventually, we transitioned the unit to a long-term rental, ensuring consistent cash flow while retaining the property in our portfolio.

Many of these PM's have too much on their plate and are unable to provide you with consistent communication.

It's great to be prepared and have your duck in a row but we don't even start discussing eviction until they are at least a month late or behind by 1.5 months of rent. 25% of the time tenants are going to be late and about 10% are going to be late consistently.

But if they are not already furnished, the answers above are consistent that having a good team on the ground (Realtor, PM, service providers, etc.) is critical. 

This is a physical asset, not paper, and it's providing consistent income.Albeit for your not understanding tax laws and depreciation, I'm wondering why there's a question as to what you should keep.You understand capital gains, but I'm pretty sure you're not familiar with depreciation and loan paydown.

Markets like Memphis, Oklahoma City, Tulsa, Little Rock, and Birmingham offer affordability, strong rental demand, and consistent returns.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

In those cases where a tenant suffered a minor setback and is back on track, if they are scheduled for a hearing before they're evicted they will often pay before that or when they see the notice on the door, but only if you file relatively soon.It really is good screening and filing quickly and consistently that minimize nasty non-payment issues in just about any kind of market. 

However, despite trying many approaches, I have failed to consistently meet our accuracy and consistency requirements.Today, we use a hybrid solution.