I have not been concerned about negative cash flowing due to gaining so much equity. 

But in total it will be fun and profitable.Lifestyle:  My wife and I never plan to live there permanently. 

I could likely see many things from the TCJA being made permanent, mostly procedural items like the higher standard deduction and child tax credit (Plus eliminating exemptions).

-TylerTyler, that would concern me.

Given your concerns about California’s high prices and tenant laws, exploring out-of-state markets is a great idea, especially for rookie landlords.Oklahoma is worth considering!

It only happened once, so you have no evidence that this is anything but an honest mistake that's been corrected.The bigger concern is the 583 credit score, because it shows a pattern of financial mismanagement.

I also have the text logs, since I stopped talking to him on the phone so that we would have a record of his communication with us concerning the rent.  

So we didn't have an option, we were a bit concerned that guests would want Cable TV, but we couldn't do anything about it.

When I'm investing in trust deeds - my primary concern is the safety of the principal.

Requesting to screen tenants again might raise concerns.