Since I have been purchasing with cash up until this point my knowledge about loans and loan options on income producing rentals is limited and that is where this line of questioning comes from.

If invested properly, the capital can be spread across thousands of income rental properties mitigating the risk while still producing solid cashflow...

My PMs generate monthly financials if I needed them which I really don't but have them saved in case I'm called upon to produce anything with such reporting.

Though it produced a decent return in the end I'm not exactly looking for more deals like it.

@Simon Ruiz  Generally most private lenders give funds to non-owner occupied income-producing assets.

@Rebecca Jackson Typically the 60 days' notice is from the 1st of the month, so if he gave notice on Aug 31, he'd be out Oct 31 and the place would be available for the next tenant to move in Nov 1. 

[citation needed]Coffeyville Resources operates a 100,000 barrels per day refinery and a large nitrogen fertilizer plant, using a unique Texaco process of ammonia extraction from coke byproducts produced in the refinery.

If you need innovative land planning to give you an edge in land development, drive through Viera’s Trasona section.

If the underlying income producing activity is passive in nature, such as rent from real property, then there is no tax implication in the form of UBTI. 

Once you go 5+ units you're in commercial real estate and the values are driven by the income they actually produce.