Occasionally I've seen bad cards that are nothing more than "James Bond, Man of Mystery" cards, which are just as bad. 

NOI can be thought of as a "cash equivalent" investment... say like buying stocks, bonds or an annuity. let's say a property costs 100K and throws 10K/yr in cash... that is a 10% return.

They are based entirely on the credit of the tenant and are more of a bond than a real estate loan.

i have been in the finance most of my adult life. 7 years in stocks & bonds 7 years as insurance broker property casualty and 20 years as a mortgage/ real estate agent  broker.

Is it possible he had any insurance or bond that you could file against?

And it’s only a matter of time, and likely only a month away at this point.Now’s the time to get out of real estate ... and stocks ... and everything but the safest Treasury bonds and AAA corporates."

With that said it does indirectly effect the mortgage rates as, as usually, if interest rates increase, bond yields decrease.What the increase in the discount rate will have an immediate effect on is commercial rates. 

But now I'm rambling...And banks still pay squat in for a checking/money market account and very few people want to lock their money up in bonds

In addition to what others have said , make sure that each subsequent purchase is positive after accounting for the 75% of rent that the bank will recognize.By doing this, you are slowly strengthening the average.

Like I said earlier I see it as performing goodwill, paying it forward, and strengthening the profession as the whole i.e, the people I mentor are more likely to do things the "right way" and that's just beneficial for the industry as a whole @Bryan L.