Makes life and the job easier this way.

He just informed me he got a job in another city and may need to break the lease early.

Early on I replied on various contractors (unsuccessfully) due to my (then) full time, very time consuming job.

I manage all my properties except one so it would be hard to say I don't have the required hours.I also don't have a day job and RE is all I do.

I've done an excellent job at meticulously tracking everything, so I feel comfortable with the "monitor closely to see what a stable asset looks like" strategy.

Key factors include job market, appreciation, and high-demand areas.

Very few job changes.  

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I'm not looking to scale tremendously, just looking to have enough passive income once the rental properties are paid off that my fiance and I can leave our jobs in the automotive business and find something less stressful and more fulfilling, live a little slower, and travel more.

To me, I would think a couple of cabinets with a sink, a fridge and a microwave would more than get the job done.