I’m doing an open house at a 1% rule duplex in Saint Paul tomorrow and giving away a $20 gift card to Roosters BBQ.

Additionally, the Dave Ramsey method to use a debt snowball to pay off credit cards, and to get intense about saving, also worked for us.  

It may not come to that, but since this is your first property I would suggest you go through an attorney anyway, even if it's month to month and it just comes down to sending the notice of termination.When I take over a building I also send or deliver a standard "takeover" or "welcome" letter to introduce myself as property manager and let the tenants know the answers to their two main questions: 1) who do I call/contact when I have a maintenance/repair request, and 2) how/where do I pay rent.Then (if the letters were mailed or delivered without meeting the tenants), I follow it up with an in-person meeting to introduce myself and answer any questions they may have.Usually the main question they have, whether they ask it or not, is whether I plan to raise the rent.

I can only imagine investors with 10+ properties are closing in on a 7 figure liability - Is the rental income enough to justify that magnitude of debtOn top of that, I will want to get a personal home soon as well (currently house hacking a duplex), I wouldn't want real estate investment debt to be a burden on me missing out on a dream homeThen of course I'm cash stricken after putting down the 20%, so it will take some time before my current property generates enough to where I'm ready to afford another down payment (also it should be noted I'm not thrilled about the idea of raising capital through others)How do you manage your debt as you scale your portfolio?  

I paid the workers through credit card after the operation.

For me, if it cashflows and if there's a way to add value and raise the rent, and if it is in an area that doesn't have bars on the windows, it is a deal worth looking at.

we need full time promoters to help raise the funds for purchase

For me, it just wasn't in the cards, and it wasn't worth stepping that far out of my comfort zone for this one when the next one would be along any minute. 

Maybe you can negotiate a modest rent increase, but unless your taxes & insurance go up then you really don’t need to raise the rent.

If they are part of the sub 1% calling in, there’s something there but maybe they aren’t showing their cards.