In addition, all Rent payments hereunder not made within five (5) days of the due date shall bear interest at the rate of one and one-half percent (1-1/2%) per month"The monthly rent is $1550 so the late fee is easy - I've set the account to charge 5% if the rent isn't received within the 10 days stated ($77.50).

Properties below this threshold present additional risks and more limited borrowing options.7.

In addition to those I would also suggest making a commitment to going to local meet ups and networking events in your area.

If you used a loan to rehab your property and find yourself in a difficult position, doing a straight refi (just paying off the old mortgage) will be easier than trying to pay off the original loan and take additional cash out.

Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and it's super landlord friendly (so you will never have to go through a 12 month eviction or anything close to that!).

With some additions, this would qualify for the OMG category, but I think they didn't have that category back then when it was on the market.

Either way it would be a grey area, selling a house with a different amount of units/bedroom/bathroom seems extreme though. its an auction site, I have seen auction sites miss the fact there was additional lots in a sale.

In addition, the PM is running a business and insurance (GL and WC) costs money. 

Business should start to extend only because there is nothing left to eat in the market not because you are losing in the competition. 

Additionally, I’d appreciate advice on pricing.