Do it in big batches so you minimize your ramp up and ramp down times.It doesn't sound like you have enough properties to warrant having anyone on a staff.

I gave the 7 day termination of lease letter an they have not left..It expires tonight an they arent in process of moving.nothing paid for jan an lease started in oct this is 2nd month of non pay an this time i have nothing .as promised. mid Jan a 7 day pay or quit issued ..then on day she said shed pay 7 days later NOTHING.so 7 day termination quit its in the notice they are to be off the property by sunday nite tommorow I said ill be inspecting property monday ..an if there file detainer warrant.. but she actually said her teen daughter will be there monday as excuse an trying to move inspection time.[ which verifies she has no intention to be off property].Though she textd we are moving on day after missing promised pay 20th Im going to file detainer warrent monday.I told her im going to be inspecting the property monday at 11 but since getting that text..an seeing they arent moving on cams Im less likely to do it.Should I still go an do inspection  or just go directly to file detainer warrant..An does she have any rights after that termination of lease ..the addendum says immediate eviction will be filed if payment is not paid.

If you are buying the proposed property from another investor, then I would be even more skeptical that the warrant (or repair work) is worth anything.

Now at that price point (at least in Galveston), you'd be looking at a condo complex that is non-warrantable aka a condotel.

I'm glad my intuition is warranted.

As others brought up living expenses that will change - one big factor that crossed my mind that wasn't mentioned was health care coverage - that expense will probably rise as you get older and may be something that you are getting from your FT jobs right now... so perhaps a bit more of a buffer of living expenses of 2800 and actual passive income of 2900 would be warranted to cover increased health care costs?  

I have enough security to cover a refinish, and it sounds like thats warranted.

The language in the request for refund is strong and boiler plate… But the whole reason they are even asking in the first place is because the circumstances don’t warrant an automatic refund per whatever the set cancellation policy is.

Same as always some deals warrant a quick flipSome warrant a fix and rent Some warrant a buy no fix up and rent Some warrant a divide up and immediately sellSome warrant a dived up develop and rent or sell 

Let me know if you think my concern is warranted or not?