J Scott has a process list from his first book that I have outlined, but want to hear if any others have amended to that list and or found something that is easier?

The cost for that inaccuracy in the underwriting for me as an LP I have outlined below acceptable parameters.  

I'm not a developer or larger real estate organization, but I imagine anyone who is trying to find actionable information would also need more information in order to act upon what's outlined here.Overall a very interesting read.

Clearly out line in your lease the policy on additional tenants.

Lastly, just the math with your numbers, you are at about $3,100/mo of outflow including mortgage payment at terms you have outlined.  

Also outline everything before hand is just a good thing to do.

He outlines the mindset we’ll.Or just use the asset to buy your liability.

Aside from the reasons you outlined above, there will undoubtedly be unexpected situations in which having a real estate license could benefit you. 

Just make sure you inform them of the non-renewal the proper way as outlined by your lease or state law.

Ask if there are any any additional fees for maintenance, advertising, evictions, etc... and make sure they are outlined in the agreement.