Depending on the small claims court you are in, they may not even check if you served the notice or may count the notice the court sends to a tenant for the eviction hearing as the 10 day notice.

The balance 50% is what is left for debt service and cash flow.If you would post your actual mortgage payment (not counting any taxes/insuarance/HOA - which are operating expenses), that would better help us evaluate how much "true" cash flow you have.Before you do that, here it is without having that info:$1175 gross rents less $587 for expenses less your mortage payment = your true cash flow.So the $415 cash flow you stated is not true as you must allow for vacancy expenses, loss to rent, eviction costs (you will have them over time), repairs, tenant damage beyond the security deposit, capital expenses like new roofs, new AC, new water heater, etc., advertising/marketing costs, accounting costs, and more.I would highly suggest you pack the entire $415 away into your business account for the expenses that are not monthly but pop up from time to time.

You don't need to be a guru to figure out that I will be in good shape if I just stay sane while acting as the manager (dealing with the tenets is not fun) and counting the pennies for the "make-readys" Thank you for taking the time and posting your thoughts.

I can't count the times I've looked into doing this and ran the numbers on a prospective deal, and just never been able to convince myself this was the correct strategy.

It matters that they are not the same.It MIGHT be, that you may be able to get enough people to vote for a change in color schemes, but don't count on it.

Don't know if it counted the second time, but it seems like voting is unlimited if you exit out the page and load it again.

Well count me as one who hopes the Cowboys don't get him!

I wouldn't count on that scenario happening.The first contractor will say you didn't give them the opportunity to finish the job and the current money paid is for any work completed.This whole thing sounds like a mess.Does your PM hold any kind of education certs for property management or do they do it on the side?

One of the main advantages is that the payment history will count on your business credit scores.

The mortgage professor also shows conforming wholesale rates just north of 4%:Conforming Wholesale RatesDoes that count?