Brandon runs podcasts here too.Join an REI group and go mingle with folks there.You absolutely have to make sure the tenants are paying rent regularly and you have to see that unit too.

You have to find a regular cleaner and handyman to do turnovers. 

I still have a regular job so don’t really want to be holding hands every step of the way.

Its very inspirational to hear about regular people, and their story of starting out like us, just like this, and making big moves in the industry.

Join local real estate investor networking groups and attend regularly.

For example, your second floor (and I don't think you mentioned if there is private outdoor space) is a plus that regular apartments or apt buildings won't have.

Don’t talk with your regular lawyer. 

I would need to look at the principal amounts of those payments to reduce the $60k, I get that.So say, I pay $60k, borrower makes some regular payments (p/i) for 2yr (arbitrary number) then decided along the way to just pay off the note.Borrower gets savvy and makes additional principal only payments.

There is a lot that goes into it that may be overlooked by regular contractors.

I lead a local REI group, and of 50 regular attendees, only a handful of us have even one property.