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A mix of short- and long-term strategies could hedge against market shifts.Borrowing allows you to scale faster, especially if you can secure favorable terms.

Two of the biggest players in this space just folded.

Unless the medical condition meets the state criteria for early termination and that the medical notice does not appear to suggest that, you cannot terminate the lease outright/immediately but that you will begin to market the property for rental and upon securing an acceptable tenant, the lease can be terminated pending a satisfactory property walkthrough indicating no damages. 

Many view section 8 as a security blanket because of the government subsidized rent and turn to the program because the neighborhood tenant base is deemed even riskier.

Separate accounts per property incurs a lot of overhead, such as minimum balances or fees for missing the minimum.I use separate accounts for each tenant's security deposits.

Streamline your communication process to secure quality tenants.Focus on QualityThe condition of your property matters more now than ever.

One other thing that people in their 60s can consider is - if you are planning on taking Social Security and making passive income part of what you live on, rental income may not count as income against your Social Security benefits.

Provide clear instructions on where and how to pay to avoid confusion.Recover Security Deposits: The current property manager is legally obligated to transfer tenant security deposits to you or the new management company.

Most of my money is in it since 2018 because of the cross collateralized security since it is a debt fund and i steadily cashed out of all other syndications that have continued to deliver less than promised or not deliver at all.