(I also had a lone ranger mentality and no BP.)  

I talk to my friends that "WANT" to invest, but they won't because they have the squirrel mentality of hording their money and they are afraid of loosing it or failing.

It just means that the TK provider understand that people live in house and things happen to people outside their control such as job loss, illness, death, divorce, job transfer, marriage, mental breakdown, etc (I have seen all of those)  Verify rent range through other property managers, Craig’s List and Zillow  Ask if permits were pulled during the rehabIf a tenant is in place, ask to see the tenant file Remember, you can fix the house, you can fix the tenant, you can fix the property manager, but you can’t fix the area.

Lets get into the numbers and my mentality going into this property.

Laws: Tenant/landlord laws matter because if you own properties that fall under "tenant-friendly" laws, it can be very costly to you, both monetarily and mentally.

took a few pics earlier today. that tree in the back drives me mental.

., your office).Besides the obvious comfort factor, there's a big convenience factor - if you're going to hold onto the property, you'll need to be over there every so often for one thing or another.It really helps reduce the "mental barrier" when the property is close by; it changes it from "on my way home" to "something that's out of my way, when can I fit that into my schedule this week?"

You have a wage slave paycheck mentality. 

@Matt Gragg  This was just my guesstimate and what they had told me was 6 months but I was over inflating for my own mental process.Things that need to be done (major)-Add 1200 sq ft in rear of house and connect upstairs to down stairs.

They have a mental roll-a-dex of vacant properties and will probably rattle off a few on the spot.