Anyone who has experienced life under totalitarian governments will tell you that politics really does matter, it's a matter of life and death, a joyful life or a miserable life.

By doing it in the primary suite, they have their own bath and closet, so it isn't as much of an impact on your life.

It may require you to maintain a specific liquidity ratio over the life of the loan, or maintain cash reserves equal to a specific number of payments, or upon inspection prior to the loan being Funded, Require you to come out of pocket with cash, for instance, to replace the roof because it has more than two layers on it, replace or grind concrete that has heaved, or embark on a program of replacing balconies that have rotted within a certain amount of time, et cetera...

For example, if the investor knows the H2O heater, roof, appliances, or HVAC unit are of different life expectancy than the average the program defaults to, we will have the future ability to enter the investor’s expectancy.

Kris listened to the advice of someone several steps ahead of him life (who I think belonged to the same church as him).

Have a 1960s 30 unit single story motel where we are coming up on some end of life issues: the cast iron plumbing is disintegrating underneath bathrooms, radiators are starting to leak, electrical is in poor condition, and just today, discovered significant termite damage affecting multiple rooms.

And I make sure to already have established email communication with each tenant at/before the start of the lease, and use that same email address (of the two provided in the lease) with the tenant during our relationship.Real life example: I had one leave “in the dark of night” after my local agent posted an eviction notice on the door.

It was awesome to get to network and meet real-life investors.

This is why people don't like renting to friends/family because its human nature to mix emotion into the decision making and that makes dealing with managing the investment messy when things go sideways.

I still cant figure out how to get a picture off my phone and on to a computer LOL.On the flip side your take down of Clayton Morris saved unknown numbers ( hundreds ) of investors from making probably the worst financial decision of their life.. so for that alone its worth 20k upvotes.. :)