But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less)     *new siding 30k (just put on a new roof this year)     *legal 10-15k     *fire proofing 15k     * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home     *big grocery store put in 3min away     * newly paved road in front of my house     *a building that was falling down across the street has been torn down          * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.

It may take you months to get one.

Many contracts have a 6-month term (or longer) as default. 

You want to visit 1x a month? 

Considering we dont do a great job of monthly sitting down and cleaning up our books.

I host a meetup in the South Bay that meets twice a month.

After 1.5 years I received 4 months of distributions at around 1% annually. 

It appears they've remotely shut down the panels as they haven't been producing for the last month. 

I would say one of the things you want from the borrower would be the note on the first and evidence that payments are made each month.

Back to lucky and/or good (I suspect both), I have yet to have a tenant owe me as much as 2 months rent and only one tenant (who moved out of town) owe more than one month’s rent.