I'm trying to break in to the word of mouth circle, but it's been tougher than I initially thought it would be. 

In my underwriting model, I would have to stretch every assumption to the most ridiculous breaking point in order to come up with a 10% CoC return even on a distressed asset. 

Talk to the people that enforce the rules and see if there is a way to do this without breaking the rules and getting in trouble.If not, then just don't do it.

If that is not possible, you understand and will allow them to break the lease early with no penalty. 

Ohana flaked out on us, and she quit four days before Christmas and I would not recommend her.

The only thing was, got a break from the seller when on purchase, prices went up like crazy, so after 15 years, 1031 the property into another.Talking about tenants in their 70's, I looked at a property here some years back, rent controlled, tenant is paying $98.00/month on a unit where the market rent was $800.00, and the tenant at the time was 90.

The remote controls are just like the TV remotes and tenants break them and lose them and there are no replacements at times.

Second month received $200 on time and PM break down that amount and claim there is $45 late fee, and all that $45 goes to PM account.

I vividly remember the countless hours spent driving to and from remote locations in rural Manitoba, alternating between early BP podcasts and Jim Rohn recordings.Over the next two years, I adopted an extremely frugal lifestyle, enabling me to achieve a 75% savings rate, sold my custom truck for a used Toyota, traded my new home in the burbs for a duplex (house-hack) in a challenging neighbourhood of Winnipeg where attempted break-ins were commonplace.

Not sure how anyone starting out can break in without being rich or cash heavy.