Hi all, Another way to look at things is that YOUR team in an area is critically important to your success.  

This is why it is critical your landlord keep good records, including a call log for tenants that contains sufficient details.If your PM isn't communicating issues with you, and stuff isn't getting fixed, they potentially putting you on the hook for some major headaches.Again, you should contact a lawyer in Baltimore City who is familiar with the system so they can give you a primer on this kind of thing.

A little bit of critical thinking will go a long way....

The location within the suburb is as critical as the suburb itself. 

A 16.6% probability of a paycheck is not even remotely reasonable.Being self-employed, time management is critical. 

Great stuff Michael - always wondered how the layman landlord finds out about all these critical info apart from news sources.

Not critical, but my agent brings me pocket listings

Almost every landlord refines their processes as they go along and making critical mistakes on "small" money is better than on "big" money.

There is something about spreadsheets causes all critical thinking skills some people posses to vanish and be replaced with a blind belief in whatever number or percent they heard someone other successful person use without any attempt to understand the logic that drives those assumptions.  

Contrasting this to the past portfolio sale with shady sellers who were negligent in operations highlights this critical factor.