If you really want to be able to spot great deals it's easy!

$1600 rent, Mortgage $1150 - maintenance cost is usually really low for first 2-3 years since its a brand new remodel.All in all its a high class asset with strong cash flow and easy to sell when we want - best of both worlds.Originally posted by @Christian Wathne:What does your rent and ongoing costs look like on this property?

It's worth keeping in mind that if you start the eviction process, and he ends up paying, then its easy to cancel.

It is free and they make it pretty darn easy even though we don't do any other banking with them.

Others might want to avoid them too.Also some things that might help in the future: 1) Need to thoroughly vet the validity of references - it's easy for someone to use 3 friends/employees.

I still find it pretty easy to track income & expenses by unit in my personal financial software (Quicken). 

Rent collection is easy, the tenant base is great, and I wouldn't even care about the whole lease-break-if-deployed thing. 

I use National Real Estate Insurance Group (aka Affinity) - they've been very easy to work with. 

They simplify everything, which has pros and cons; It's a ridiculously easy process (compared to buying a residential property), but if you're a detail-oriented person (like myself) you may be left wanting more information at times. 

its likely that if they are operating in PA they couldn't get things figured out because they were not familiar with Florida laws and statutes. your in the clear so long as you have title insurance so you can rest easy