Rode by this beautiful home everyday and it made me sad to see it falling down.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

I live in Sheboygan Falls Wisconsin and we have a good balance of cashflow and appreciation. 

Revenues can fall like a stone in any # of instances.

Blinds would typically fall in the wheelhouse of the tenant but some landlords do replace stuff like that.

Home values typically fall between $150K–$200K, which provides a solid balance of affordability and appreciation potential.

Finally, ask about pre-payment penalties and do not ignore them as rates might fall in the future.

Immediately missed a falling in porch which brought the budget up to 62k.

I suggest you don't think about getting into business with Clayton Morris until he moves back from Portugal and makes restitution to the victims of the Ponzi scheme he was involved in.

I have seen some long term friendships fall apart as a result and not sure that is anyone's end goal.