All other things being equal, your credit score will go up....next month. 

My understanding is that the OWNER can be held liable for the actions (or inactions) of the PM.The belief that I am hiring a professional and I should just "trust" them to do their job and leave them alone is flawed.  

To that end, the one factor that kills long-term profitability is turnover so even if we raise rents less or equal to our cost increases, that still benefits us in the long-term even if in the short-term our NOI might dip a little. 

You could put 25% down and grab some of the extra cash you have and make the place more higher end - can equal higher rents - then sell for more in 4 yrs b/c it brings in more income.

Truly the greatest challenge in all of this isn't actually the business or any particular thing that has to be done, it is managing your mindset and beliefs.

That and the equal protection clause that follows it.

Add 4% from appreciation (with no leverage you return equals the appreciation rate, note at 80% LTV the 4% appreciation equates to 20% return) for a total of 11%.  

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

You are not “treating everyone equally” as required by law.

In Texas, landlords can impose a maximum security deposit, which is normally equal to one month's rent.