Smaller facilities have smaller operating budgets so any one bigger repair or required maintenance item can blow your annual budget.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

The important language in your reply is "on their behalf" -- redirecting the principal's funds is not acting on their behalf.Seems to me the smartest/easiest way to deal with lender escrow accounts is to have that feature eliminated from the loan ASAP in the subto process... preferably immediately after an annual tax disbursement reduces the account balance to a low point.But yes, when the principal dies so does the power.

And they are projecting an annual rent increase of 3.29% per year over the next 15 years

Given that your equity has doubled, it’s worth evaluating if your current property is underperforming based on the equity you’ve built.Formula:ROE = (Annual Cash Flow / Total Equity) x 100If your ROE is relatively low, it might be more beneficial to sell the property and invest in a higher cash-flowing market.2.

Although I do keep an eye on their performance relative to value, and this is how I plan to rearrange my portfolio in 3-5ish years once I can see the annual earnings relative to the values of the properties.

After a certain number of calls to the same property within an annual period, the city starts charging my company per call (~$250/call).

So you have two people living in houses side by side, both with annual incomes of say $250k.  

If there is an additional 250+ athletes and their families annually, those tenants do not have the luxury short term accommodations the market demands. 

Today you might save 7% annually plus 1%+ on day 1 with origination and if there’s any chance to get even a 1/4th point lower rate with 25% down you’d be getting another 3/4’s of a % on your down payment.