This is important to determine the health of the business versus a percentage of the rent they pay you.As an example a business doing 1,000,000 in sales you generally do not want to see more than 10% going to rent or 100,000.4.

Thank you @Chris Music and @Julia Blythe, I thought that was the case being common sense but I had a conversation with another flipper and he said to leave it as is...I appreciate the feed back.

Is this common practice?

From what I've read and heard (and from common sense) it seems there is an inverse relationship between the quality of tenant and typical repair/turnover costs.

The common theme I continued to hear from those involved was "house hacking" as an excellent beginner's strategy.

What are some common mistakes made by new investors? 

lolAs an example, the federal banking regulators, including the OCC, last issued a big written warning about CRE concentrations in December 12, 2006, when the most commonly referred-to guidance regarding CRE concentrations was written:https://www.fdic.gov/news/news/financial/2006/fil0...By then, it was too late to turn back...The only reason I would know that this announcement is not even MORE later than it should be, is if all 3 federal regulators - OCC, FDIC, & Federal Reserve - had agreed.

I realize that this is an older thread, but it made me curious to find out how common it is for landlords to get injured or killed by tenants.

I will send you a message and we can find some common ground to build upon!

It seems to be fairly common in my local area.Thank you for the name of the inexpensive Title Search.