Just because you are capable of screening applications doesn't mean you are the best at it.

We served a 30-day notice of termination.If they reported it, paid for damaged, and promised to keep the weapons empty on the property or stored somewhere else, then I may consider letting them stay.

Is 11%-12% a good IRR or should I keep looking for better?

Another unfortunate situation with a lot of these sorts of tenants is that they are "judgment proof", meaning, even if you were to sue them for damages, they do not make sufficient income or have sufficient assets to collect on your judgment.

I think we will keep doing what we are doing with making our current required payments.

Remember, it's a marathon, not a sprint, and keep a beefy emergency fund!

If you do choose the coaching or mentor route, keep in mind that 99% of the "gurus" that you will stumble across have been in the business only throughout this last upswing and haven't been through multiple market cycles.

In this ever changing world we live in, property management and business owners must adapt and change on a regular basis to keep up.

If so what are some tips and tricks to keep things clean?

Should we keep our home, rent it out and continue to build  the equity?