In a pricier area, or if you’re banking on a perfect scenario, that cheap credit can suddenly get very expensive.I’m curious... if you went down this route, what kind of safety nets or alternative strategies would you have in place in case that perfect timeline doesn’t pan out?

When the market was in the toilet after the great financial collapse, multifamily cap rates were in the 6-8% range. 

Remove the toilet and vanity.

If this endeavor doesn’t fully pan out, I’m comfortable treating it as a side project alongside my W-2 role.

Some amenities are crucial and obvious (pots and pans, plates, linens, good Wi-Fi), some are unnecessary and obviously so (personal movie theater with arcade game room), but the trickier amenities lie in the 2 middle zones.What are some necessary amenities that you might overlook? 

ALSO, I have not had to do an eviction following a partial payment agreement (so I don't know exactly how that would pan out in our courts), all of my tenants have so far completed their payment agreements as signed.Multifamily Northwest has forms for these types of things available via the Rental Forms Center at https://rentalformscenter.com/ Their forms are typically well reviewed by local attorneys; as you'll note, on the Partial Rent Payment Receipt there is verbiage specifically about if the landlord has/has not served a termination notice and reserving the landlords right to eviction if the agreement is not completed. 

Is it better to flush, or place in a basket next to the toilet? 

Other sources may get you leads but more don't pan out in my experience.   

I think you'll see things pick up in January.Some other tips:1. put the toilet lid down.2.

Fixing a leaky toilet, replacing a broken light fixture, etc. can create good will.