First, you're going to have a consistent tenant quality on your property - people at different income levels and life stages behave differently which has the potential to increase strife in close quarters.

You can't change how others behave, but you can change how you react to their behavior.With regards to real estate.

The challenge  might be having  the apartments appraise high enough to do the cash out refi.

Their dogs are far better behaved than my other friends kids.  

Service dogs are highly trained, they behave in a very specific way due to that training.

Rental income without LLC qualifies for 20% deduction ( if your rental qualifies- not all rental might qualify).We are still waiting for Clear guidance on if this 199A  ( 20% deduction will behave differently look at a trade or business definition). 

If the market isn't over-saturated and you have your units priced right you should not be having too much trouble filling. 

They usually want to keep it at a 90% rate, to maintain their portfolio.Credit Unions also behave similarly.

I would think that Parker's in the Houston area would behave in a similar fashion.

@will Gaston Never used that clause to raise the rent only as an incentive to behave and pay the fines to the town.