@Todd Hays Realize what utilities the landlord is responsible for each month and what each tenant is responsible for monthly as well.Would also check out neighboring apartments and see what the condition of this one compared to the others are along with comparing the rental rates.

This is massively helpful in deciding whether or not to 1031 Exchange if I do carry the note.So, if I carry, and they pay interest only, then I am not actually realizing any of the cash gain, correct?

I'm using the BP platform more, and just didn't realize I could vet it out there....

I realize that it will very with every company and in every town but any help will be greatly appreciated.

Someone posted a large data set in another thread a while back and it showed their REALIZED debt returns being higher than their equity returns.  

The answer gets broken down into several sub-categories, but you basically realize that the number most of us would answer with tends to be much higher than reality.

You realize 95% of America lives on less than that.

Even though I had "Chip and JoAnna" dreams, I have to realize that I have my "job" and he has his.My properties are out of state so there really isn't anything for him to do, (but listen on yet another phone call with my contractor, LOL) but be supportive at this point.

If you mail out fewer because your budget is low, it's better to do that than to start out mailing 500 only to realize you can't keep up that number of letters every month.

Seeing as though I live in the SF bay area I quickly realized there’s no way that anything close to 2% would ever happen in high cost of living areas… If I followed that rule here in the San Francisco bay area an average $900k SFR property would be need a whopping $18k/month in order to meet the 2% rule (900k*.02)… clearly there’s no way you could expect to find a property that’ll net you $216k/year at a 900k price point.