Don’t be fooled by high occupancy numbers if people aren't coughing up the dough on time.

Our mortgage rate is high at 6.75%.

-When a tenant moved out, the management company refunded their security deposit but failed to account for damage, such as holes in walls and outlets ripped off the walls, leaving me with repair bills and also tenants moving in without the repairs being done.Stuff like this that is consistent and when I ask questions they are defensive, when I ask for more quotes for high ticket items they are defensive. 

I will follow the advice here to keep high deductibles and low premium and save the premium for any contingencies later.

If the owner redeems the 2nd month after you bought the OTC, you only get the 3% (1.5% x 2 months).Exercise those due diligence skills!

Here is your tip:Buy low and sell high, also don't eat the yellow snow.

Humans are highly influenced by recency bias thus the cash vs equity conversation swings back and forth.

Rates are pretty high (12-15% with an additional 5% of the loan paid at maturity).

I would only do this if you can find a quality property manager.

However the thermostat is mounted  to the wall a few feet from the front door in a highly accessed retail store where the door is constantly opened.