By performing the action in a rising market and evenly targeting many owners (especially those least-equipped to fight), the effects were likely diffuse enough to deter potential takings claims.

And I know that a toilet paper holder is something sooo miniscule but it boosted my confidence a tiny bit and gave me a small nugget of knowledge I did not have before and I will take that any day. 

Anything meeting the 1% rule in my market is usually in a bad location and won't perform as well overall as lower cap rate assets will.  

The moment he had it in hand he had his guys perform the eviction. 

@Gabriel MiritelloSadly it’s either everyone is busy or you get guys and there egos trying to boost up there price by telling you things that you might not need.

Landlords mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.This also leads them to ASSUME simpler is better when it comes to management contracts.

@Vincent S.There are two credentials that most sophisticated tax professionals have.CPA(Certified Public Accountant) & EA(Enrolled Agent).CPA designation is the more prestigious of the two.There is no designation to indicate that he/she is a professional is 'real estate tax'.I would have a casual conversation with the purchases that you made and how the rental is performing. 

This method can work, but it can upset the agent and the seller if you can't perform. 

So cash outs are not a path to tax free profit.But a cash out on a strong performer that doesnt' hurt it's performance is a very strong move. 

It has made getting at the information I need to do income taxes, provide lenders when getting loans, and evaluating performance of each property SOOOOO much easier!