Enforce late fees and always proceed immediately to eviction when clock ticks down.A tenants personal life issues are not your concern, working with tenants problems 9 time in 10 will only cost you more lost income, landlords are not social workers or family, you need to take all emotions out of your business.

They are great and have a life time warranty.

My wife and I have been wanting to invest for a while now but our nomadic life prevented it.

And I also heard things are overpriced at the moment....However, I thought let me try to apply that in a real life situation.

Bob, who is a jack of all trades, is a deacon, owns an ostrich farm and has started a few clinical research labs in his life, also owns some rental properties.

Think about your age, your stage in life, and your income and tax situation.  

I suspect you thought you would be staying in Nebraska and life threw you a curve ball, right?

If you are looking to be financially free and live off the investments forever; look for syndicators that plan on doing “legacy plays” where they rehab the property, refinance and hold onto the property for life.

A market is said to be healthy if the vacancy rate is around 7%health

Still can't be touched, being a college kid and getting a 3.75+ is the easiest thing you will ever do in your entire adult life, period.