We’ll also collect rent and pay expenses via our LLC and its new respective bank account(s).  

Ensure that you are always being responsive, respectful and reliable.

It makes you less hirable and much less respected in this industry. 

I have a lot of respect for your knowledge of the L/T space, but in this case I disagree with your logic.  

Overall, treating borrowers with respect and empathy goes a long way in fostering a positive and lasting relationship.

I’m a very social person where I can have connections with anyone and who will respect me as a person.

Tenants have been there for 7 and 10 years respectively, but rent is is about $350 under market value.

Just for comparison, I am curious to know the prevailing A-I-O loan interest-rates for a typical borrower with 720+ credit score and respectable LTV.. ?

I ask a few questions such as:-Communication - were they responsive to emails and calls-Property care - any major issues / did they leave the property in good condition-Reason for leaving - this would give you more insight if there were issuesAnd always respect privacy if they are not willing to share.

Listen to Paul Moore’s how to lose money episode 157, you will gain a whole lot of respect for @Brian Burke