@Jay Helms it might be wise of them to let them do more than give me a template as this would be my first deal.

PS - congratulations being fiscally wise.

It's wise to be aware that it is a real possibility, but at the same time don't let that stop you from getting started.

Responsible management wise taking more money and telling your tenants to do as they please in regards to destroying your investment property probably is a bad decission as well.

Meaning don't hesitate to spend money WISELY on education and training.  

Figure out how much time your introductory rates are good for, and divide the amount you owe by that to figure out how much to pay off each month.Stop using the CC’s altogether to get them paid off.You could sell your car for a cheaper one, and save money there.Be aggressive in your savings, and wise in your investing. :)

Doing so you will be able to invest wisely.

While I am not suggesting you "do it yourself" regarding starting an LLC, I do think it wise to study some of the issues involved so you can speak more intelligently when consulting with a legal or tax professional. ** Obviously with a name like NED, Mr Jackson must be brilliant! 

Over all S8 is much more hands on management wise.

Thanks, @James Wise!