They pay for the knowledge and education I have to help them save money and make smart educated decisions.

I’ve had master keys for almost all of our locks since the earth cooled, but technology has definitely changed, and so have landlord style locks.

Good luck with your future endeavors and invest smart.

Life is too short to spend it doing things that make you miserable.With that being said, I would still advise you to be smart about how you proceed. 

No matter how extensive the rehab, how good of a deal you negotiated on price, or how great your home inspector says the place is, your success depends on your PM managing tenants, collecting rent, keeping the place occupied, being smart with expenses, communicating well all the time, and communicating even better when there are issues.  

He is a project manager at Amazon who is super smart (went Wharton and is heading to HVB in the fall).

But yes having both Flood and Hurricane would be smart.  

Also, would it be smart to put 3.5% down on 6 properties or 20% on one?

@Michael Ash in addition to calling the police, you could ask them to back it up with photos or video, everyone has a smart phone these days so that shouldn't be to hard, assuming it is really happening.Could just be they have a large, close family that likes to visit, there is certainly no crime against that.

I personally don't feel it would be smart to rent to someone that doesn't pay their bills but I am fairly new to this and would love some constructive feedback.