There are also many bad PM companies out there because, again, there is little money in it and when the PM company fails, the client often takes a hit from that.I toyed with the idea of starting a PM company - lol - then wondered why the hell I would want to be the guy in between a hands-off investor and their money - lol - no thanks.

I also was toying with the option to have him pay 6 months upfront out of his equity.

Post corona, we have to go all the way to Y.25%!!!

You never know what reserves will be needed for and if they are consumed they should be replenished meaning less money available for vacations, toys, entertainment, and retirement. 

Originally posted by @Jay Hinrichs:I get daily hot sheets from numerous states were our teams bid at Trustee sales or Sheriff sales.Today the one I get in Vegas EVERY sale is postponed.of course this is going nationwide so all that inventory is going to get bottled up instead of hitting the market.Although foreclosures are way down .. still takes a lot of inventory off the market.. keeps listings from OREO brokers etc etc.And I suspect those in the NPN business's are going to have things pile up toYes, this really bites us NPN investors in the @ss! 

A new world is emerging that will completely change every aspect of modern life, from employment to education to commerce to healthcare to, yes, real estate.Yes, I remember 2008.

I've had a handful of units where tenants left their "adult" toys.

take out for negative return toys!

Point is, everyone has their own comfort level which is fine, until greed enters the picture.One reason why DR is against acquiring too much is due to greed; please note nothing wrong with having multiple properties, toys, high wealth, but where is your mind?

I recommend you do this don't toy with this unless you want to waste money in taxes or get an audit later on.