Full paint and flooring (including removing some wall paper and glued down laminate flooring), patched holes in walls, replaced cabinet doors that were missing, replaced a few lighting fixtures, reconfigured closets that were missing hardware, cleaned up back yard.

With a smaller unit, you should be targeting greater then 40%, and most of the well run, higher performing homes do significantly greater then 40%. 

If so, I would perform the mold test to check that box...would hate to have a tenant come back blaming you for some crazy illness later.

.- Don't include any questions about criminal backgroundAfter processing the application, send out a credit approval/rejection letter.If approved, you may then obtain written consent to perform a background check. - If background check passes, send an approval letter.- If background check doesn't pass, send a 'right to dispute letter'

If you look at a map of Orlando area on satellite view, there's a huge 'green patch' North of Orlando just above Apopka/Altamonte Springs. 

This works because you're maximizing leverage and buying a better performing rental property.I sold a condo that I bought 10 years ago, that at current numbers was a 3.8 cap. 

I’m referring to an employee who is supposed to be performing labour work.I’m sick of paying employees who I know are jacking off half the time.I’m definitely going to be installing security cameras into ALL remodels I do from now on.

You can then perform a direct rollover from a Traditional IRA to your newly established Solo 401K.I lost you on your next point...

That being said,  if a borrower is not performing as agreed and stops communicating with us, then we have no choice other than to foreclose.

We also are going to “pay” ourselves market rent in order to track the performance of the property.