Smaller animals like field mice could be poisoned with baits.

To be honest I don't understand why there is so much demand for the place.

That doesn't mean there aren't some great deals out there with SFRs - at the right price and location, there are several great investment opportunities with them - but given the choice, side by side, I would rather buy and hold a multiplex - which in my area are actually in high demand now.Some obvious disadvantages are if both tenants stop paying rent, your going to have a big nut to crack - and as others have mentioned - multiplexes usually have the water lines tied to one account / meter and the owner is typically responsible for water payment ( unless negotiated in the contract).

Demand that they take their payment from the profits of your first deals.They will complain about being asked to work for free, but just remind them that NO ONE gets a paycheck their first day on a new job.

I am trying to get a feel for the demand for notary services.

I think you are short changing yourself on 6% for maintenance ... plug 10% into your estimates and see where that lands you.An ESA is an Environmental Site Assessment - lenders {more and more} frequently demand a Phase I assessment be carried out, and the property cleared, before funding.

Let's put it this way, there is nothing in a deed of trust that can't be adopted in a partnership agreement.There is nothing in a note that can't be agreed to in a partnership agreement.You will likely be held to principal and interest only being secured my any loan arrangement, you can do the same thing in a partnership agreement.A lender can't force a sale (besides through foreclosure) nor demand a property to be sold at or above a certain price, partners or owners can.I had a few borrowers that I wish I could have fired, going over budget requiring more money to be poured in to save a project due to screw up, but as an owner or controlling manager I can fire a partner, make him go sit in a corner so to speak and if I go over budget, it's my fault since I have the purse strings.

This way you can experiment with two different ways to rent out your space (by ppsq as well as by seat) and see which way brings in more demand.

As baby boomers are retiring, the demand will be high

Take the cash proceeds and use a stepping stone to a nice rental in a nice area of town where there is high demand for quality rentals