For example, Fannie Mae has no less than three different ways of calculating rental income depending on the scenario (one of which is [ Rent * 75% - PITI ] that is frequently mentioned on the forums here).

With our profit center being the monthly mgmt fee, I would not be able to afford the high level and educated staff that I have on these types of homes that can have frequent periods of $0 income because of tenant default and evictions.

Hello fellow BP fans, I'm a newbie investing in the NY area (an hour from Manhattan).

I do seller financed transactions frequently. 

The funny thing is at least half the properties are not "passive" but stress filled with lots of activity (frequent maintenance costs, turnover, vacancy, eviction, cap ex)   Decisions have to be made sometimes with little time or little oversight when doing it so far away.    

(My husband likes the growth of that fund, though.)I'm not in the San Diego market currently, but I visit frequently and would love to get a vacation rental there.

Replacing all light fixtures, faucets, doors, door knobs, ceiling fans, every inch of wall was repainted, all moulding from brown to white, new laminate flooring through the whole first floor and vinyl in the bathrooms, repainted the deck, and really landscaped outside, as well as a brand new porch.

I'm a fan of creating repeatable processes, putting them in place, and managing the process rather than the work and every single person involved.This is all good stuff worth considering, I'll PM you for additional information/discussion. 

If it produces more energy than it consumes then the building is Net positive - though Net Zero is too frequently used as a blanket term to cover both these cases.Ironically, Net Zero does not automatically imply higher energy efficiency - there are several examples of commercial buildings with large expanses of flat roofs (i.e. warehouse) which are net positive, despite the building itself being horribly inefficient.Building standards in North America are woefully outdated on matters of energy efficiency.  

Secondly, from a practical standpoint, title companies disdain quitclaims and will frequently require that a proper deed be obtained instead.