Human psychology is smaller, more often increases are more acceptable than one big increase even though the opposite is true mathematically. 

Nicole - Executors are named in the will by the deceased; they are specifically chosen for this responsibility.If there is no will, then the court will appoint an administrator or PR (personal representative).Sharon

I've always found them to be very human and nice.

but... in my experience, you will be in a stronger position if you build a network of humans by going to real estate meetups and really learning a market.for example - here in Pittsburgh we have a lot of old houses that need big rehabs. and the best software / AI in the world can't help me, because it doesn't know the conditions of the interior, the sewer line, etc. for most of them. 

That is, until a few weeks later, I receive 12 notices from New York State Division of Human Rights that a local non-profit have filed 12 complaints against me on behalf of 2 individuals for "discrimination" of source of income.

There are always parents of students who have failed out, transferred or chosen to study abroad offering discounted subleases every semester.

Your initial investment will largely depend on your source of fund and chosen strategy.

You are not the entity itself - but the entity itself cannot take any real word action without a human (at least with technology today!)

@Ivana Ivanovic I would say 8% is low to cover both vacancy AND repairs.If you expect to incur just one month of rent lost every 12 months, you'd be looking at an 8.33% (1/12 of gross annual income) vacancy rate.And, even for a brand-new build, you're going to have some repair/maintenance costs as long as you've got human tenants.

Actually TALK TO THEM on the phone and/or in person, find out about their situation, and if they seem like a good fit, basically just be smart about it, and have human interactions with them, it's that simple.