When your tenant stops paying and communicating, who will knock on the door to see if they still live there?

I bet they wait until January or February so they don’t have to pay the tax on those gains for another year (which is why we may be seeing less selling this month than in a normal cycle).

What if a tenant fails to pay rent, leaves $2,000 in cleaning and repairs, and it takes another month to rent?

I would be paying around $200 per month out of pocket.

I decided to buy the property from my grandfather using a gift of equity, which allowed me to take over ownership without having to come up with the full down payment and pay for the tax lien and his closing costs.

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

95% of the time we get the seller to pay for the warranty.

If I recall correctly, Rent Redi even gives them the option to pay using a credit card. 

There were lease violations disrespecting the other neighbor's leased space and harassing the other neighbor and they smoked in the property against lease, lied about conversations, has made up stories about plumbing issues that plumbers couldn't find causes to, tried to get a dehumidifier and force me to pay, accused me on two different occasions very agressively in regards to the heat/electric service.

My guess is that you will pay less per month with multifamily than a single family. 7.