A notice clause that can be submitted by either party.If you force them into a 12 month lease, they will still leave whenever they want and like mentioned above, you will just chase them in the courts for your money which can be exhausting unless you work with a good collections attorney.If they are not paying on time and are not clean, get them out sooner that later!

Making money on the buy is an old saying, but it is really making equity on the buy.My final comment "Lastly is you make money on the buy not the sell." regardless of it's age will withstand the test of time for the simple reason that purchasing properly regardless of market conditions greatly enhances your odds of having equity.

It's a grind and it's exhausting, but I think I'd go crazy without it.

It helps but make sure you exhaust ALL of your organic options first for the best results in authentic potential clients.1.

Hard to beat 0% financing not withstanding William Nelson's comment.   

I've got a 2 ton packaged heat pump unit (single) for 3000 installed with stand.

Not withstanding the frustration of working for someone else, you have a limited set of options - find a job or find a different source of income.

You may be able to withstand a loss on 1 or 2 properties, but after you collect several and you're losing several thousand a year on each property, that immediately decreases your overall income making it harder and harder to qualify for a loan.

If you can withstand 20k into each unit, and 100% vacancy over 12 months roll up, knock yourself out, otherwise I'd tread carefully.

That is one of the most difficult parts of being a landlord.At my personal residence, I had a situation where my exhaust vent for bathroom fan leaked during some rain storms.