If you reduce the term (7 years from 30), you are increasing the mortgage payment and decreasing the cash flow...your income. 

I'm a newbie investor myself and I can tell you first hand having a degree I don't believe neither increases or decreases your chances of becoming a successful real estate investor.

*Upon the SECOND NOTICE from the HOA regarding unkempt lawn I will take over lawn maintenance and the lease amount will increase by that amount.You get the idea.Like blackcobra, nothing's perfect and I would modify if need be.On the question I thought you were asking: My problems decreased dramatically the day I went to TWO YEAR LEASES.

The neighbors reached out to you with the expectation that you would not condone this tenant's behavior and would do something to curtail it.It you do nothing, the value of your property will decrease.

This will decrease the upfront capital required while also offering some experience to help guide you in the process (which could save you thousands!).

Occupancy has actually increased over the last 1-2 months, as 80% of the str's on the market are decreasing their occupancy, and many of those are coming off the rental market and onto the sales market, which is decreasing the % of STR's in the area, pretty significantly.

As the price of real estate decreases and rents inch upward, the return on your investment increases.

@George Chung your cash flow will increase and management responsibilities will decrease if you are open to exchanging into a single tenant net leased property out of state.

So apparently Google changed their search algorithm yesterday in an effort to curb content farms, decrease the scoring for lower-ranked sites, etc.

After election, time will tell, but I am betting on prices staying at level or decreasing, not increasing which results in further delays before spec building makes any sense here.