One of the options that I was recommended is having one of your tenants as the manager and maintenance guy for all other properties I own.Anyone experienced with such a concept?

On the $620,000 underlying note we were earning $37,000 annual income.2.

The pref equity would pay out a 7% (annualized) quarterly distribution and a 7% back end return when the pref equity capital is returned.

I send him a Christmas card with about 10% of his annual bills in cash.I have another who does sporadic work and similar to the above I refer him out often, have bought him lunch, etc.

Do you frequently require subcontract and vendor engagement (lawn care, snow removal, building maintenance, management company etc.) and if so, do you sign contracts and require that you are listed  as additional insured on their insurance policies? 

Meanwhile, your expenses, like debt service, taxes, insurance, and maintenance, continue.Once you choose an investment city that meets all the above requirements, select a tenant segment with the right income behaviors.

In addition you need to budget for maintenance/repair, capital expenses, and also to cover the vacancy/turnover the next time a tenant leaves you.

I am in 2 mobile home CRE Funds  and both are distributing an annual distributions north of 8 percent.

Variable expenses like vacancy, maintenance, and CapEx get more accurate with experience. 

there are so many forum posts on BP from folks who bought a random property in a 'low cost' market and got crushed by deferred maintenance or challenging tenants.i looked at a few of your other posts.