My guess is there will be dozens, hundreds, or thousands of case studies to examine a few years down the road to use 20/20 hindsight to evaluate outcomes.On your second question about extending grace vs being tough: that also depends.

I have done hundreds of deals in Clearwater.

I have a giant sheet with hundreds of lines of info: OpEx, transaction costs, holding costs, contingencies, rent forecasts, etc.

I would never pay a few hundred bucks a month for something like this and would not recommend it to anyone either. 

Even if I go up to 50% equity, and zero out my vacancy factor, cost to lease, R&M and CapEx underwriting, I barely turn a profit (a few hundred a month).

Painted whole home, new flooring, painted cabinets and new counter tops, finished basement.

VacancyNon payment of rentRepairsMaintenanceUtilitiesIf you'd like to get an understanding of this business you'll need to do what I told Lenza to do and watch the hundreds of hours of content I've produced explaining the intricacies of these variable expenses, what to look out for, why things shift, what bad tenants do, what good tenants do, how to reduce risk, why you can't avoid risk etc.....It's clear Lenza is lost on how this business works right now, if you're in the same boat as him you should check it out.

We also have hundreds of YouTube video's showcasing our quality of workmanship (It's not as good as Smartands for example.

While we're raising the rent by a couple of hundred dollars, it's not even paying for the hefty repairs last year. 

At 5% interest, it only takes a few thousand dollars in the bank to cover the cost, and if I could free myself from QBO I would be saving hundreds of dollars a year.