Lastly, I have no right to tell you whether you are right or wrong for your choice so please forgive me if I come off that way.

Lovely LVP floors with a special subfloor for warmth . . .So, then we had about two years of figuring out exactly what was wrong and fixing it . . . flooded each time we had a really hard rainstorm (we can get 4 inches in an hour!)

If the tech says it is broken because the tenant did something wrong then you can state that to them and let them know if there is an issue they will be responsible but buying used and wanting the tenant to be responsible I don't think is fair.

wrong forumplease delete

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

As for the rates, we are already at 2.7% and hoping to get it a little lower so we can use the extra income as a buffer if anything goes wrong.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Stick with what you know; nothing wrong with NNN tenants.

It depends on the state, the actions of the borrower, the “bias” of the particular court should the borrower file an “action” (bankruptcy, wrongful foreclosure, temporary restraining order, non enforceability of mortgage or deed of trust, etc.).

None would be right or wrong, I think it just comes down to whichever best fits your lifestyle.