Remember to consider the equity your tenant is building for you when you compare rent vs sale.

Also, if the sponsor is new, I am fine with less skin in the game as long as it is significant to their net worth.

Yeah i think it was around 12% if I remember correctly. 

Personally, I use RentRedi, but in the past have used Yardi, OneSite, and Entrata.Employees: as I have managed teams, hired, and fired, what has helped me best is to remember to hold them accountable.

Fridges are rarely worth repairing.

From what I understand, equity on a property is the amount of money a property is worth minus the amount of money owed on the mortgage on the property.At least one article has said that the principal remaining on the mortgage is the only component of the mortgage that is accounted for when determining the amount of money owed on the property’s mortgage when calculating the equity one has on a property.I am not sold on just factoring a mortgage’s principal into the amount owed on a mortgage because if interest is also owed on the mortgage for the property, the interest should be accounted for in determining the amount of money owed on a mortgage, correct?

I don’t remember the timeline off the top of my head but it’s a simple Google search to find out.

If you think there's a deal worth pursuing, it's generally a good idea to buy.

I took Econ 101 in college and remember very little of it.

Is it worth the risk if (a) the tenant is non-compliant and an eviction process is needed and/or (b) there could be major repairs needed.