Check with your lender and consult a tax professional to ensure proper structuring for interest deductions.

I recommend learning a bit on how to read the financials, but find yourself a great Accountant to help you analyze the financials and tax returns to make sure things make sense and are proper. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

As others has shared, I am able to hook them up properly to avoid any issues with tenant installation.If a unit dies, and I do not want to replace it, I just terminate the addendum and remove them. 

I’ll try to answer some of your questionsonce a note has matured the note holder has the legal right to call the note due - with proper notification to the debtor.  

. - Agreed, sounds like you don't have the time to properly vet candidates.

My systems are ok, rather I have to give credit to the individuals I work with as well as proper tenant screening.

Operations- tenants refusals, either cull them before they get to you by requiring autopay as an example, document on their application why you refused them, make sure your facilities are maintained properly and no safety hazards exist, etcLLC.

This is equivalent to a free family trip to Europe if used properly.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.