They told them that this investment will change their life and that money in a retirement account or 401k is worthless.

Overall, you're spending $25k in extra costs and a monthly pmt that's $500 higher to keep $50k in your bank account. 

Like I said, I'm not an accountant so you should probably talk to one.

This can lead to increased financial freedom and a reduced environmental impact.

Make a free account....

It's pretty much already been said...normal wear and tear for small picture hanging holes...cost to repaint entire unit needs to be accounted for in the total rent from a 1 year lease.

You should try to talk to all tenants.A 10 unit retail property will likely require a full PCA from an engineering company, a ALTA survey and a Phase 1 environmental.  

It was mostly due to my day job income and low cost of living over a long period of time; however, real estate accounts for about 50% of our income through a small portfolio of short, mid, and long term rentals. 

It will help a lot if you understand accounting and how the statements are actually generated.

We have a partnership entity, so it has to file separately and needs balance sheet accounting.