I wonder if they will cover a fire claim if you have not disclosed this. my only sincere recommendation is to perhaps replace with an electric fireplace that will not pose a safety risk.

Since rents are increasing in Miami, even if you break even today, you should see some cashflow increase every year.

They're directed to write their street and unit number i.e. "25-3" on the deposit slip so tenants in the same property with the same rent amount have their deposits applied correctly when I do the accounting (I can look at scans of the deposit slips in the online banking portal).Tenant's receive a receipt from the bank when they make their deposit which is extremely convenient since rent receipts are legally required in my state. 

Since real estate investing is something new to us there is some resistance there and we are trying to get some general advice on whether the ROI in this asset class is comparable or better than others. 

Sincerely,Justin Butcher

I sincerely appreciate your time. 

There are many honorable and hardworking individuals who juggle many balls in the air for themselves, their families, and by necessity, their vendors.Frequently letting your customers know you sincerely appreciate the job they do, and your relationship with them, is among the most satisfying parts of any business.Jeff

J, I sincerely appreciate the referral to Chris Clothier as well.

I'll definitely keep it in mind if we have another vacancy in that area, which I sincerely hope we don't ;) And @Alex Craig , this is sad but true:They are a flat tire away from being late on rent.

Congratulations on all your success, and thank you sincerely for sharing your story in the form of this roadmap.