NJ building costs will sound excessive to those building in some other areas of the country so i advise you to weigh  local advice on cost more.

Parking excess cash in a property is buying cash flow at a cost of $2 for every $1 returned and is at risk if the markets turn. 30 yr mortgage's and investing cash outside of real estate will generate maximum income if you are not interested in purchasing additional properties.. 

Charge the tenant for th ecost if that was the case.If damage is excessive go through insurance for repairs otherwise avoid making claim.

If you get sued and you have 5 properties and they are all in the same LLC you can loose all of then.

So if I send a contractor she wont open the door probably.She was not loosing her house.

Someone questioned using a PM “who will cost you 7%” – if you try to manage from afar on your own or by trying to rely on family and friends “helping”, you will likely loose far more that 7%.

Pet rent is not a deposit so don't count it toward the cost of repairs.Scratches in the wood floor would probably be considered ordinary wear-and-tear unless it's excessive for the situation.

The thought is, Polymorphic sleep schedule, which loosely means variable sleep schedule.

Her and I have always agreed that we would both invest our excess money as we each saw fit.

The home will suffer excess wear-and-tear from eight adults.