Hi Sean, I’m a “newer” investor and have a few doors in the Midwest, including Memphis and Detroit.

Did you include the required addendum for Carbondale? 

I also listen to Mike Zuber author of one rental at a time talk about learning your market which is a course he has that includes a spreadsheet that tracks sales so you know what's a good/great deal in the area of the investment. 

Economic vacancy includes anything missing from the gross potential rent, including both actual vacant periods and unpaid rent in occupied units.

In some properties where I live heat is included with rent and in others it is not.

Very few episode don't include plugs for his brokerage business and his mortgage company. 

We are thinking either construction adhesive on the wood with penny nails hammered through into the mortar to hold the boards place while the adhesive is curing, or to drill Tapcon masonry screws through the boards and into the brick while being really careful not to over-torque and bust out the brick...

Reduced Risk:CityFHEPS tenants undergo a thorough screening process, which includes income verification and background checks.

The things I do to improve cash flow include:1.

In the current market structure, all parties including the lender expect the property to appraise for the sales price.