He's somewhat local to you and has probably forgotten more than most investors know:)

I had forgotten about that!

July 1 to Aug 15 STR revenue will cover the mortgage for the year provided that we spend that time staying with family and/or on a low-ish budget vacation.I'm not suggesting you move to this forgotten corner of the country, but look at a solid vacation rental market.

All in all, the property is performing well and we have all but forgotten about it, it doesn't take up any of my time or bandwidth.

the only way that would bother me is if it was a flip and it was going right back on the market then thats an issue.. if the property numbers still hit your target returns the 10k will be long forgotten 10 years from now when the property has been positive cash flow the whole time and has gone up 20 to 30% in value..

Mid day Tuesday afternoon he texted me and said he had forgotten to call because he went to sleep,  but was now a good time to call?

The objective is to make a profit, not merely own real estate and this is often forgotten. 

Not the Emerald or Forgotten Coasts!  

I assume you have “forgotten” to tell the seller that you are no longer the buyer and given them a copy of the assignment?

Speaking of receipts, spreadsheets, logs and forgotten forms...Probably nothing causes more friction between CPAs and their clients than bad records.