Our founder ran Quicken and QuickBooks for Intuit - so you will see some of the same important functionality.From the sound of it earlier, I thought you managed many more units and not 20 - I would have strongly recommended Simplify'em right off the bat.

Most of all, respect your own intuition.

Looks like your intuition was good and the good tenant with a good track record just hit a bump in the road and immediately repaired the damage.

***Nick, I actually am telling the whole story and trust is a strong word....in this case it's not about trusting individuals, it's about trusting my gut intuition...Also, I value the advice I get on this site very much, so thank you again guys for your input.

I avoided $15k in tuition by doing it this way.

This seems counter-intuitive to me unless you're renting a home to a hard-partying rockstar.

Jon - there is something to be said about your mention of mentoring your kid in RE and allowing them what it would have cost you in tuition to invest - this is a route I may consider myself.

I've noticed that one of the best ways to sell a house is to (believe it or not) LIST IT on the MLS and pay 4% or more in commissions and add incentives for closing and funding by a certain date :DAlthough, its almost intuitive that if they don't CLOSE & FUND by that certain date, they know what they will lose out on, but I still list out EVERYTHING they will lose if they don't close and fund by that specific date.Hope that helps...Just my 2 cents...

This seems counter intuitive.

I know that a lot of things are counter-intuitive, but usually they are at least in the best interest of the institution holding the bag.