Some people think this should not be called "investing", but rather "speculating", but others seem to be quite successful at it.On the other hand, there are parts of the country (midwest, rustbelt) where people routinely hit the 2% rule and therefore tend to cash-flow quite well.  

And that the author recommended saying something like RENT = 1300EARLY PAYMENT DISCOUNT = 300EARLY PAYMENT MEANS 15 DAYS before rent is due.There for, if the tenant routinely pays the rent 15 days prior to its due date, then they get a discount ....The other upsides are that the SECURITY DEPOSIT and LAST MONTHS rents quantity is higher.Is anyone doing this?

It has become a "no brainer" to use this document because it contains most high-use cases that tenants and landlords routinely face.

@Jazlynn GibbsJust go about your normal routine for RE investing and it really shouldn't matter if you think that is going to happen in 2020.

It taught me, inspired me and I routinely use it as a reference guide if I run into a problem.

Hey @Logan Elliott Lots going on in the city...I have family North of there...fly in routinely.

Quick repairs, great communication, and proper serving of notices go a long way to ensure rent is coming in routinely.

Obviously there are some safe guards and due diligence to it - but with that amount of capital it would be easy to get $4k to $5k a month coming in routinely - auto debited to your bank account. 

Contractor is my regular HVAC guy and he knows the routine.

If the condo board makes an assessment like the OP describes against each owner for a routine maintenance item like ocean sea air degradation to exterior, then the owner would be out of pocket and have no choice.