17) direct deposit - put in lease agreement that rent will be paid by direct deposit for the monthly.18) monthly or quarterly inspection or maintenance visit - put in lease agreement that the tenant agress to have the landlord or landlord representation visit the ppty to see if anything needs to be repaired or upgraded, also a good opportunity to check if the premises are well maintained and have not exceeded the occupancy limit.19) Eviction - Put in the lease that eviction will be filed by the 5th of the month if rent is not paid.This is what I have compiled now after reading the posts, please feel free to add anything that is worth including in the lease or rental agreement.

I'll keep mailing this list another 6 times but I may filter it down a bit to be a little more concentrated in my efforts.I think my second list will focus only on out-of-state absentee owners and very high equity owner occupants.

I am going to concentrate my efforts in the local market for now... that being the Golden Triangle (Beaumont, Port Arthur and Orange) and surrounding areas.

Defense contractors layoff, more late rents and perhaps foreclosures.You could touch on the over 700,000 jobs being cut, how those concentrations may play in a community will depend on how diversified that community is.

A conversion may not have had a permit.Probably an error at the county, they concentrate on sq ft, not beds and may have been recorded wrong.

Personally, unless you know the specific areas very well, I'd shy away from Miami and concentrate more on Broward.

I may be better off just holding on to the property, increase (or at least maintain) it's equity, and position myself for the long game.

This can help me decide which field I should be concentrating more.Thank you.

If the tenants take care of both and the property is well maintained, I would consider it.I look at Mortgage, Insurance, Taxes,  Management (10%), Vacancy (5% varies), Maintenance (10%?). 

How about turning the properties over to a PM as you probably bought them right and have enough spread to maintain cash flow.