Quick question: We’re new to landlording and a pump in our tenant’s unit broke leaving them unable to use the kitchen sink for 5 days until the plumber can replace it.

Depending on where the property is located this may be a difficult time of year to find 16 qualified tenants quickly.

As with many people, my spark came after reading Rich Dad Poor Dad and I'm glad I did.

They can't make you rich because they don't understand you as women, but WE DO!!!

One item at a time, but go through it quickly the judge has other cases too. 

I am not looking for wealth overnight or a get rich quick deal.

The first one is always a learning experience but it sounds like you're figuring it out pretty quick.

Any sort of shortcut is not to replace a proper analysis and thorough due diligence, but if you're analyzing a ton of deals, a quick a shortcut may be helpful to determine if a deep analysis is warranted.

@Jim Growfer think it's okay to use the 50% rule to quickly gauge NOI and determine if a project is worth deeper analysis. 7% interest is high and yes, that would be a bad deal if you only netted $10k on a $2 million purchase.

Appreciate you quickly providing insights.