@Ron Masters, The 45 day list is an instrument "in writing" between parties to the exchange. 

But, the most important part is, what good is a 2% rule if you aren't actually collecting the rents!

I wish I bought Amazon stock when I had an ecommerce company 10 years ago, Amazon ate up all my customers after luring me onto their platform as a 3rd party seller, OUCH. 

The home also has a stand alone, enclosed garage in the back of the property that has a water heater (meaning it has water running to it).

Ain't no party like an eviction party.

Russell,Paying fees to refinance is part of the party to grow your portfolio.

The attorney will see to it that the agreement is legal and that all parties are protected.

I've been there for a party at the brewery. 

You need to account for turnover, maintenance, recurring capex and property management if you have a third party manager.

most leases roll over to be month to month automatically if a new lease is not signed, but if month to month a 28 day notice is required, tenant must still pay for the time they are still there. when a tenant is M2M the landlord may choose to not renew for any reason or no reason at all, many tenants dont get that a lease works both ways, its an agreement between both parties.