@Michael Stroup It sounds like this particular contractor knew you were a long distance landlord and in a time sensitive spot given the AC was for an elderly couple & might have taken a little advantage of that with the price they charged.All you can do now is learn for the next time I guess and take note of this contractor to never use them again.In the end if the tenants pay on time and only call when legit problems arise you will do fine in the long run.

I know I can adjust the sensitivity of the touchscreen, but worries me is that not everyone knows to do that.

Your degree of leverage will determine how sensitive your change in net profit or cash flow are to annual changes in net operating income.

It's also possible that turnover costs are higher than normal (college students are likely going to cause more damage).Additionally, market rents could be more sensitive to other inventory on the market.

You can then incorporate these factors into a sensitivity analysis, which will show you all the possibilities (the good, the bad, and ugly) that various combinations of these factors can yield.

Perhaps I'm overly sensitive.

This supposedly leaves you out of a property, but not stuck in debtMy question is, what other ways are there of safeguarding your investment?

The article wasn't trying to glorify or excuse the deadbeats but point out how badly the entire program is being abused without any sort of safeguards in place.

@Daniel DietzYardi is what the "institutional investors" would use to do analysis with IRR, NPV, sensitivity analysis etc.

Come on now.I see you are a carpenter, so you are sensitive to investors looking for economical labor.