Hello,I've had my eye on an 8-plex in an area of Alabama that I invest in. 

The oldest of our four kids is just applying to colleges and it has been very eye-opening.

Again, I am exaggerating a little bit here, but as I close my eyes and see the pinched, uncomfortable faces of board members and home owners any time these types of topics come up, I can promise you that I'm really not that far off the mark.Now, this is all reversed if you happen to have a board of directors that has a decent representation of investors on the board. 

You should keep an eye on it and maybe see it again if it goes for sale.

In that event the activity of the property will still be reported on your Schedule E so nothing will change from a tax reporting perspective and in the eyes of the IRS the taxpayer hasn't changed either - just the name on deed.

Upon doing this, I realized I’d like to keep a much closer eye out for any developing problems in my crawls & attics.What do you all do?

You are regrettably doing way so many starry eyed lovers do in mixing emotions with money.

I enjoy what I do for a living, so in my eyes the cash flow was not to be a significant potion of passive income.

You will need to do whatever it takes to compete and compare favorably in the eyes of the tenants.

I always keep my head up and whenever someone passes me I make eye contact and say hello.