Cash-flow is for "keeping the lights on" as in covering operational expenses to defend against any need for additional capital investment. 

I definitely understand everyone else's practical advice regarding "lifestyle investments" but also think there is something to be said about following what lights a fire for you! 

Her leaving was bittersweet, as it was for a great personal opportunity for her.I’d love advice from you seasoned landlords:Should I lower the requirements in light of the area’s circumstances, or wait it out?

You are better off finding a solid property that needs light cosmetic work (paint, floors, or maybe even a kitchen or bathroom remodel), buy it at a decent discount and put 25% down or more (this is when you get best rate terms). 

Not impressed with other large institutional managers who are very light with boots on the ground and in many ways have the attidude they are assisting you in managing the property, not managing it for you.

You definitely shined on light this.

All - we are going to implement Follow Up Boss CRM.

Fund higher quality cosmetic / light rehab for durability and dignity for tenants.

I’m hoping someone (anyone) can shine some light on the differences between Homeowners, landlord, umbrella insurance.

They have taken strides to pave the way for ADUs - here’s the implications for real estate investors.It's crucial to understand Raleigh’s zoning rules for ADUs BEFORE deciding to implement this strategy on your current or future long term rental, Airbnb, student housing, MTR, house hack, flip, etc.