And that does not even include the fact that you will probably buy an additional property every year and a half or so just from the cash flow.The moral of the story is – cash flow pay’s the bills and you need it like the air to breath, but it does not amount to much money.

So the moral of the story is, it depends!

@Mario Morales this is not easy that is for sure.

Keep in mind @Mario Morales that they take premiums, invest them so there is a profit component on invested returns, and hence amplifies how far the $ can spread on payouts. less than stellar returns and expanding claims, yes, rising premiums is a certainty. 

That may look different next year, but if not, sustainability and morale are more important than a few thousand extra dollars per year.Running a 53 acre ranch in Texas is a WHOLE other level of property management.

We are new to the real estate industry but we are building a family owned business to earn an honest living while being able to provide and instill good ethics and morals into our children.

Consider your shared vision, financial goals, values, morals, ethical alignment, and personality types. 2) You likely don’t want someone with your same skills.

I also told the pm to work with the tenants this next month if they can't pay the full rent without late charges.I personally felt more of a moral obligation to help the tenants then a legal one.

If the price is too high, you can explain it to your seller and there is a chance that he'll negotiate down to a lower price that allows you to assign the contract.The moral of this story is to control your deals and always be honest with your clients.Happy Investing!

You as the landlord have legally and morally obligations, but they as the tenants also have specific obligations.