I am unable to see the applications that have been submitted, as Nomad Lease takes an excessive amount of time to process and review them.

I would seek CPA advise on this if you want to make sure you are not taxed on the sale excess (boot).Good Investing...

Depending on the structure, we then have the Loss in Excess discussion or the Deemed Dividends discussion as well.Great post!

When we arrived from Nebraska, we were quite shocked in the difference in costs relating to fuel, groceries, services and night life.

Have an Agent quote Excess Liability.   

SBux has great real estate, but most of their deals are well in excess of market rents due to significant Work Letters for the developer on the front end.

And after that, want rocket fuel for economic PRODUCTION, not just BS numbers, CUT entitlement programs, except health care, elderly and handicap, by 50%.

When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

But as you said, learning from the lessons of our failures can only help fuel future successes. 

If a tenant signs a year lease and only stays 4 months, I incur excess vacancy with the additional turnover.