Because both of those numbers are just guesses and because the rent growth multiplies a bigger number it naturally has a larger affect and it compounds the more years they show.So my advice would be just to be conservative and assume the same low growth rate for each number. 2% is reasonable.Note, though that I said organic rent growth, if you are driving rent growth through value-add rehabs you have to show that in the numbers.

I particularly like your laying out of the tasks of the day and having a discussion in the morning with your helpers...Concerning liability, probably worth a discussion with your insurance provider and/or an attorney to ensure you're covered adequately.

Naturally other people don't want to risk their money with someone inexperienced, so they'll want to see your track record as well. 

A basement may be used for habitable rooms or a dwelling unit, regardless of the depth of the floor below grade, if the floors and walls are impervious to leakage of underground and surface water and are protected from dampness, and if the required minimum 13-172-130, or by other approved means. 13-172-070 Natural light.

Naturally making me nervous.

Either through a natural disaster, tenant caused, or wear and tear?

Houses were just a natural outreach for me, I guess.

Due to a lack of space on the 2nd floor, there was not adequate space to add a 2nd bathroom so that I could have a master suite.

Generally, the nature of income as active or passive does not change depending on how you own it but how you create it.

Have any of you experienced similar unexpected or unexplained expenses of this nature?