So here's what I was thinking of doing:1) Must give 60 days notice of intention to break lease. 2) Penalty of 2 month's rent if they've lived there under one year.

If not, the initial cash flow will be the highest you will ever receive, and you will have a continuously declining standard of living.You may have noticed that I use rent increase and appreciation interchangeably.

Once I was in Singapore on an important business trip, thought I'll be back by months end, trip got extended, and my landlord posted a notice on my apartment door saying rent is past due.I had an NOO mortgage on a property, reading through it's provisions, the mortgage does not allow me to collect more than 3 months rent in advance.

Our insurer for an urban, commercial multifamily inspected our property and sent a cancellation notice pending correction of a laundry list of BS, including a sidewalk with a 1" max lip and Virginia Creeper on the side of the building and unconnected garage.

The more I’m researching I’m noticing big manipulation in the market.

I noticed you said this was your 5th purchase. 

For years we never included w/d (tenants are hard on that kind of stuff) but the last few years we started noticing more people asking if it was included, so a few years ago we had a property that had a difficult laundry room so we included it there and it went over great - so that's another area we've added.From what I have seen, more tenants are looking for "all accessories included" than "a la carte menu" leases.

You could purchase a property and then a few months later owe another $15,000 or more in back taxes.When I ran the numbers on the property I noticed the taxes were extremely low but I ran it with updated numbers based on the purchase price knowing that eventually there would be a re-evaluation and the taxes would go up. 

When you say foreclosure homes, that could mean a home with an NOD filing (Notice of Default), NTS (notice of sale), or an REO (Real Estate Owned meaning the bank owns the property now AFTER it went through the first two filings, then to courthouse steps and nobody purchased it so it went back to the bank).If you are talking about finding REO deals, then you would need a contact with agents you specialize in REO properties to get the info before they put on the MLS, but in many cases today, the banks require them to list on the MLS.

Talk to them and mention that they normally do a great job keeping up with the yard and you noticed there are still a lot of leaves on the ground.