If you calculate this DSCR, and it's 1.2 or higher, you'll have a better chance of getting a private lender interested.Honestly, though, as a new investor if these truly are two great deals with solid financials, you might be far better served wholesaling them to an experienced landlord and just collecting a wholesale fee.

They replenish their $500 red serve as if money falling down from trees

I heard that it's important to still be serve a pay or quit notice ro start the process for later when I need to collect all the back rent, but I don't want want to antagonize him. 

When I am unsatisfied with a purchase, the manufacturer may offer me a gift... they are trying to "improve the relationship" because it needs improving.If your professional relationships with your tenants need improving then you would be better served by retaining the cash and putting it toward capital improvements, a more responsive repairman, pre-emptive maintenance...If, on the other hand you are so filled with gratitude because you have these cash flowing properties, your coffers runneth over and you feel like you stepped in sh*t, then spend it on your family.

I will listen to a tenant's tale of woe and am genuinely sympathetic...while also serving them with a 5 Day Pay or Quit notice. 

Don’t expect the listing agent to have both your best interests and the seller’s best interests in mind, as it’s impossible to serve two masters.

Hello Micheal, I recently returned to the Upstate after serving in the Air Force for 25 years.

Place snap traps along areas around your walls that could serve as passageways for mice, such as slivers and small holes.

@Kyle Galloway  If they are no longer communicating, you could try serving a notice of abandonment.

Also, where the terminology comes in, if you're serving as a private lender that would typically imply that your name is not on the deed, rather in lieu of that your interests would be protected via a mortgage or Deed of Trust, depending on your state.