But only expenses that would normally be the landlords such as Real Estate taxes.

Here in the Chicago market, you normally end up needing to offer more and not less!

Normally that's enough to run from, but I can't help but staring at these "back-to-back Grand slam" monthly cash flow numbers. 

Normally when I renovate I give away the metal for free, but cast radiators are pretty heavy and may be worth the time and effort to scrap them yourself.Happy investing,Troy

They have more skin in the game then you do.Make sure you get clear title.

For all the postcards, letters, "ringless voicemail", SMS spam and virtual assistants I get calling me, I think I've had ONE real honest person call asking if I was selling, and even though I wasn't,  I talked to him like a normal person and gave some advice about cold calling.

They want you to have some skin in the game.

They have more skin in the game then you do.Make sure you get clear title.

Normally there is a Modification to the Promissory Note. 

Talk to a WA housing attorney- I'm fairly sure that someone is required to have a real estate brokers license to manage a property in WA state for money.Here's another thread where it came up:https://www.biggerpockets.com/forums/21/topics/166986-washington-state-property-management-license Also- normally your PM would send YOU one for rents.