We've had these as 30 day tenants, the nurses usually just find housing on their own, via Airbnb , etc.

We brought vacation rental experience to the deal as well as the equity from a previous property via the 1031 Exchange.

You can get the chart via this link.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

There are quite a few off market SFH on my street that I would like to buy via creative financing.

Some states don’t recognize email as an acceptable method of delivery, so late rent notices should typically be delivered in person or sent via certified mail.

This implies that the return will be significantly via the cash flow.Final item, 6 units implies commercial loan. 

Not sure if I mentioned, that I got into this property via a 1031 exchange from a 4plex I sold back in Oct 2020.

Do you prefer to send postcards via direct mail or leave on their porch or doorway?

There is a potential 3.8 Net Investment Income Tax on top of the above figures.Furthermore, there is depreciation recapture which is taxed at a maximum rate of 25%You may want to consider selling the properties via seller financing.The seller financing will hopefully replace the rental income that you are currently getting.