I figured it would be a good way to get my feet wet, and a way to entice the flipper folks to take me along for the ride.

Let it ride until Thursday after Easter.

Have sufficient access to money so you can ride it out if and when need be.

It is hard to ride the fence between the proper amount research and wanting to jump in and learn from experience.

Its a common practice for them to pay the first couple months then stop and enjoy the free ride for 3 months as I struggle to get the money then evict.

The 2% rule has kind of morphed into the 1% rule.

Whereas your rentals will be riding the inflation wave and should help keep your income up in the future.  

No guess work and no " I didn't know I was supposed to do that" BSYes you MAY have a cleaner that is great and does everything without asking.....but I would not count on it.....and many start that way and then slowly morph into getting lazy and neglectful of the job they were hired to do.....happens with lots of jobs and employeesSounds like a really big place too....VERY easy to get in "auto mode" AND just straight up forget something....just lots to remember to do....reviewing the checklist helps with that

So if you want to put yourself in a strong position, set aside the money in a checking account to make sure you can ride out any storm.

{When I was 12 years old, I was riding with my Grandfather in his car, and along side of the road was a large bill board that said "Highest and Best Use".I asked him what that meant, and he explained it to me.