Not having a payment gives you patience to select good tenants and opportunity during the tough times when others are freaking out from vacancy and racing to offer better incentives to put a body in their place.

If you can't get it to work just Google Clayton Morris and then select the "news" section and it will be right there.

Knowledge is power:Thorough Inspections: Minimize surprises with detailed inspections and due diligence.Strong Screening: Careful tenant selection reduces vacancy and headaches.Diversification: Spread your investments across different locations and property types to mitigate risk.Financial Planning: Maintain a buffer and choose financing options that fit your long-term goals.

They have a good selection of quality rugs for reasonable prices.

While the power can't be selectively turned off, it’s really about active management and oversight once the utilities are in the PM's name.

If not, then you really need a strong legal structure stating how these properties will be governed going forward, including management, tenant selection, capital expenses, etc.

Well, it doesn't affect their name so they are more than happy to take the money and run.Speaking of "sales channels" and 3rd party listing platforms, etc...I've spoken to quite a few over the years and pleaded with them to keep it tight.As in, only endorse and sell in 2-3 markets max.As soon as you start getting greedy and expanding further you won't be able to tame the monster.We have done 500+ deals in Toledo and still get screwed by contractors to this day.It's hard enough keeping everyone in check locally and I wouldn't want to imagine trying to manage multiple markets.Even just selling in multiple markets without doing the full scope turnkey work is still a "no go" for us...It's just too risky from a reputation standpoint putting your name behind another product in another market.I have seen some decent sales channels, with decent ideas getting gobbled up by the monster because they didn't want to stick to just a few select markets.Just my 0.02 Aussie cents guys and I hope it helps you.Much success

When you said it came as runnerup, what criteria have you used to select it.  

The one you select really depends on your needs and bookkeepers preference.  

Finishes were selected a couple weeks ago.