Sellers are looking for security as well -- they could be trying to avoid the deal from stalling or having a buyer nitpick every little issue and demand countless concessions. 

It won't matter what your spreadsheet said if you can't get the property filled or if the tenant quality in that particular location is such that they have inconsistent income and therefore incosistent ability to pay rent.

As a safety net, the renter offered to pay 12 months' rent in advance along with a month's worth of security deposit.1.

You can’t buy a SFR for 800k or 900k at such a prime location. 

How have you found the market conditions in the area for securing those favorable deals?

The principal of the IRA is in a secure asset that can potentially spin off tax-free rental income to you as distributions.There are some specific rules about using IRA funds that go along with the tax-preferred status of those funds. 

(FYI, We are trying to build a small (5 to 6 properties), high quality portfolio in the next 5 years, planning on putting 25-30% down)The investment opportunity in question is a new build, single-family home with a 3-bedroom, 2-bathroom layout, accompanied by a 2-car garage, located in the neighborhood of Wesley Chapel, FL.

There is an eviction complaint form that you would pick up at the District Court for the county in which your property is located in.

They monitor the meters remotely, and send you and the resident a statement on the 1st of each month with the resident’s W/S/T usage and charges for the previous month.I use their Model TSN1 - PVC Meter which currently costs $95 each.Each building also needs at least one router which currently costs $195.If you have your meters in a centralized location, you only need one router but if the meters are scattered throughout the building, you may need multiple .There’s a monthly $6 fee per unit for the monitoring and invoicing.If you decide to give it a try, feel free to use discount code msam10 for a 10% discount.If you have any questions or comments feel free to reach out to me directly.And if you need to buy a building to put Sub-Meters in, I’m happy to chat about that as well

It's helped me with finding our first MTR condo, to zero in on the best location/pricing.