If you want some reading, research DCSR (Debt coverage service ration).

Add to that being only 1/3 owner with co-owners for tenants who are unhappy with you and of questionable rationality...    

Tell me if I'm crazy or rational.

We then no longer had a semi rational person to deal with and he refused to go to rehab we found for him and tried to continue squatting in the house and he broke a window to get into the house after he locked himself out.My partner's brother who is pretty intimidating paid him a visit and told him to be out by noon. 

A couple of years later, she has come out of said bind and that home is now a great-performing rental, though we intended for that home to be hers permanently.I always find your posts and advice extremely professional, rational and business-savvy, and now you are a true legend in my eyes with what you did for your mother.

s and rationalizations if I try to explain why they aren’t the greatest tenant in the world and it seems like an end of lease with a timeframe they have to be out by is the easiest way to do it.

Multifamily valuations should, in my view, in a reasonably rational market, increase or remain very high only when rent growth prospects are strong.

If your income is quite lumpy or you have a good rational for an annual payment, there is no reason the IRS is going to challenge this.For example, the owner of a fishing boat will have very lumpy payments.

The more work and effort I have to do to convince me they are good candidates, the more I want to just pass and find another tenant.Lots of red flags and work to convince myself they are red flags I can work around....... your are rationalizing a reason the pick them.....

Most lawsuits are absolutely frivolous and filed by an emotionally unstable person that doesn't think rationally.