He just sent me the details including all the emails from you, the amount of work his team put in to helping you and reminded me that this is the reason we DO NOT manage for outside investors.  

Remind me—are you locked in for 12 months or do you get them to give it to you month-to-month?

A good reminder that we have to be very careful with our referrals.

When should I send them and should they be in the same vein as the last or more of a "reminder" letter?

And, I do think it's important to continue to remind new investors that rent minus mortgage payment does not equal profits. 

@Jacob Trogan Thanks for reminding me of how old I am! 

We use a one page form that offers three options...accept new (rate, term); propose change of stated terms, will require approval of PM prior to acceptance; and decline new terms, please consider this our X days notice of vacating per State laws.Add a reminder that Security Deposit needs to be increased to match the new rate; and provide a deadline for returning the completed and signed addendum (this should be 2 - 3 weeks prior to end of current term, depending on local law).As long as you reference the name of the original Rental Agreement and it's original date, by keeping the original in file with your other ancillary docs such as LBP, they all remain in effect.

Thanks for the reminder and recommendation @Sarah Kensinger!

Your post is a great reminder for me to continue to look for ways to increase the effectiveness and efficiency of everything I do!

But I'm all about the math and eagerly waiting to see them figgers.Feel free to read this to get the gist:http://www.investopedia.com/ask/answers/012915/what-lowest-capitalization-rate-investment-becomes-unprofitable.aspThis is starting to remind me of the thread a couple months ago where you argued the wrong definition of cash flow for 4 pages before you suddenly stopped posting...perhaps you should think about this a bit more before we get 4 more pages in...  :-)I'm going to stop responding to you before I watch you embarrass yourself again.