Keep the toilet seat down.

When the toilet overflows or a lightbulb burns out or a garden hose springs a leak, there is no onsite maintenance man who will come by between 1-3PM to replace or repair those types of things.

This was however just a guy at the bank, and everything will be forwarded to the under writer when my file gets assigned.Hopefully everything pans out.

Meaning, our dear borrower paid $19,900 as interest and only $1,700 as principal.No doubt that thanks to this great guy Spitzer it is worth being the bank (-: (and indeed you rarely see banks loosing money (-:)I can tell you that I owned few Duplex as buy & hold investments in Indy, and the 3 T (tenants, taxes, termites...you can add trash, toilets...) caused me to see how my 9% or 10% target return to turn into 4% or 5%.Not mentioning occupancy problems and such.And last point - You have mentioned a point that reflect another advantage in this strategy - Every month you are getting back principal & interest, meaning, you decrease your investment amount, and you get your money back allowing you to re-invest in the another transactions (line buying another note every 2-2.5 years).I can tell you that I have invested in multiply strategies in REI (done flips, had buy & hold) but I found the notes investment niche as the one the had the best potential-risk ratio, mainly because you have a property to guarantee your investment, and of course because you don't need to care about the 3T (Which cause you to earn more/invest less time in each investment).You don't have such powerful guarantee in almost any other investment.And seems your strategy is completely based on appreciation - While if you look at 100 years range, no doubt the real estate values greatly increased.

I look for toilets like the one pictured above.

It also really solidified a mentality in my head around problem solving in any situation (What to do when you come home from work, find a pit in your backyard where your septic tank used to be and now the toilets don't flush, oh and it's Friday night, oh and you have no CapEx money).- Don't always trust your realtor (unless you know them really well) nothing against realtors, just remember that they have significant skin in the pricing game.

I called a plumber and he said the gasket under the toilet should be changed, asks if I had heavy tenants.

. :) It can mitigate the risk, but there is no recourse when your PM is late or there is no toilet paper and someone drops you a 2-star review on your first one.

Ours is loaded with pretty much everything you could possibly need. 40+ spices, turkey roasting pan, platters, lots of bowls etc.

Had a similar thing happen with people flushing wet wipes during the covid toilet paper shortage.