In short, too many COOKS in the POT!

The question is, how much do you cap these reserve "pots" off at? 

Almost every house over 100 years old has a "Pittsburgh Pot"....The toilet in the basement often in the middle of the floor.

In order to “sweeten the pot” I am considering offering the property to him at $70,000 cash or $80,000 and I carry the mortgage at a below market interest.

But even these poor performers put some money in the pot for the next deals.BTW, on the high end, I got a total return of 181% ($100K in and $281K back) in 19 months and a total return of 380% ($125K in and 475K back) over about 6 years. 

Using 5% so we're consistent (I honestly don't know what the going rates on these types of loans are) and 30yr term you have 4,800 so yes net is 1,200/m after all expenses. 

I personally would never give that info to a potential landlord ..And while of course as landlods we need to ensure we approve tenants that will pay their rent and not damage the unit,  whether someone drinks, smokes pot or dresses up as superman  is none of my beeswax - as long as they meet my screening criteria ;) I actually think I checked social media on only one applicant.

I assume you were smoking pot?

Hope you all had a great year in 2018 and you made pots of money.Just curious what and where you will be investing in 2019 if you care to share

And February's a short month, too.If you send a $25 gift certificate to Walmart or Costco, you're just a cheap bastard.If you pass along a few cookies your wife managed to bake, all they're thinking about is that their sweat, blood, and tears went to fund her free time potting around in the kitchen, having the perfect Christmas while they were sweating through doubles at the plant.Maybe you think that if you cut them a $50 or $100 break on the rent, that would be nice.