That kind of experience builds confidence and reduces risk over time.

Great tenant but property tax increases have reduced my cash flow.

It makes your house more attractive and reduces vacancy.

We reduced the price already by a quarter and it's been posted since late August/.Any advice or experience in this would be appreciated.

For reference I own exactly one handful (5) SFH  rentals in my hometown, all have been purchased in the last 4 years.1) buying at a discount is MY preferred way to reduce risk.

Yet for owners of rental SFRs, duplexes and condos—not to mention retail and restaurants—COVID-19 threatens to reduce landlords’ rental income, perhaps entirely.

A solid pre-screening of the contractor upfront that spells out the expectations should somewhat reduce or eliminate the question of one side bailing out on the other.

I'm a small landlord with one tenant (I have two tenants total) in San Bernardino County who stopped paying rent since June 2020, making different claims--work hours reduced and that he's "having difficult times because his coworker died from COVID".

Would connecting him with a mentor or having him shadow someone in the industry be too soon?

We try to limit as much risk as possible while reducing the capital carry.