I repeated this pattern for my next four properties (with the exception of living in one of units), and it has worked pretty well.

The houses all have the same pattern it seems with flooring needed to be replaced, painting in and out, yard clean up, and usually some mechanical repairs such as toilets and kitchen faucets replaced, etc.This 6k to 10k fix up cost is pretty predictable and how much we paid for the house doesn't seem to have much impact.

I’d hope it’s just that time of the year and nothing more fundamental that is changing rental patterns.

I would do monthly inspections until a clear pattern of responsible behavior is established, and keep new tenants on month to month (or even week to week) rental agreements. 

Housing prices have gone up again, therefore we are "due" for a crash.If you look back 100 years in history at every bust and boom cycle, you will find that no clear pattern emerges.

Remember, these borrowers don't qualify for conventional financing such as an FHA or VA, if they could they wouldn't take a high rate loan.Another aspect, you don't want to take all their money either, they must have funds in reserve as any car repair, or fridge going out or hospital trip will put them in the hole and the pattern of default begins.Kinda hate to say it this way, but many low end buyer/borrowers are almost childlike, they beg for the deal, they make poor decisions accepting questionable properties, they will promise to be good and they will have good intentions.

Every conversation will develop it's own pattern.  

I don't personally follow Don's system, but he's the guy who said Hamilton would be hot and he was certainly right all those years ago due to transportation corridors and other such research into modern city growth patterns....hats off to Don.

So, yes, growth stocks and their trading patterns.

They may agree to if the tax base and growth pattern fit under the master plan.