They are a low cost of entry so I don't see much harm in putting 3 or 4 on your property and seeing how quickly you rent them out.

I don’t see any harm in sharing since the appraisal came in only $5k above our agreed price but I requested a few things that they are dragging their feet with getting back to me so I don’t want to rush getting them something that isn’t even required, to my knowledge.The current owner is older and responds very slowly.

Dave, I love working with newbie agents, they haven't developed as many bad habits yet. ;)If you are in or around Ocala, I am adding new members to my brokerage literally this week and again in August.

Those who make it a habit of investing no money down will most likely hate real estate as an investment years down the line.  

For managing yourself, 7 Habits of Highly Effective People by Stephen Covey.

Also good to be in that habit for later on when you're sharing deals with others...If you're all cash buying and you have a reserve fund to backstop any expense on the house, then in practical terms you probably won't specifically earmark any of the monthly income "vacancy", but yes, it's still "in there".

Not a chance in hell....Do it this time and you just set yourself up for expecting rent reductions for every tiny thing.If an issue comes up that affects habitability for a decent amount of time, then we can talk...... if you want to reduce rent for every time that the unit isn't perfect, you are setting yourself up for failure

Ultimately whether it's an emergency or not will boil down to whether it affects the habitability of the home (you can read more about that here). 

I decided last year to embark on a different strategy than my normal buy and hold investment strategy given that the market for buy and holds in California has become a lot more difficult where we have seen CAP rates ...

If it was attic space then it more than likely wasn’t designed or constructed for habitable floor loading.