My goal has always been to reduce my living expenses.

We have a local guy who has lots of money but he charges 3 points and 12% 6 month term, he would be the back up plan for most people since that's on the expensive side.

Having a clear plan showing a variety of “if bad things happen” scenarios plotted out (economic woes, bad tenants, unexpected expenses) B.

Plus you could deduct this as a business expense. 

The appreciation rate in Columbus has been 8% higher than the national average over the last year.

Every area has different average CAPS, but the CAP is NOT set by anyone. 

If I can breakeven after all expenses (e.g., PITI, capex budgeting etc.), I'd consider it a win.

Regardless of the plight of illegals, my job is to protect a very expensive investment, and if someone can't be taken to court or sued or have their wages garnished, etc., I am not going to gamble on them.

He did an amazing job considering my buildings are not the beautiful expensive houses he usually has to work with!

All or some expenses run through the PM and offset the income?