I mean... this is tough, because you have to be have a very good understanding of yourself.

Stock market is not great. who knows how it will behave with this new 2 trillion dollar incentive plan.

Bob would be having a field day these days probably.  

If you have access to the property and in the area, you have to first and foremost mitigate the damages.Take pictures and start drying property out, put dehumidifiers, fix the problems.Insurance is a way to pay for the damages and you’ll give them receipts IF you have insurance after all.I know my insurance company (State Farm) doesn’t let PM get policy on behave of the owner - they all call the agent.

@John Matthew Johnston no people just get offended if you want someone to make their kids behave 😅

So, rentals are really a cash flow technique.That being said, you really can’t be having too much in losses otherwise then you aren’t making any money!

They are clearly not happy there, so they need to decide if they are going to leave with no penalty or stay and behave. 

People increased occupancy by either moving in with family or friends so the demand went down but the banks were holding many foreclosed properties empty so the supply also diminished.There is no way of knowing if the next large recession/depression will behave similarly so the safe investor should be in a position to cover extended periods of reduce rents and potentially long periods of vacancy.We have been RE buy n hold investors since the mid- 1970s and have never experienced a significant rent decline in our market but in that time we have seen significant rent declines in other markets. 

Let me know if you want some recommendations on these or about investing in markets that would allow you to scale up easier based on your resources. 1st step would be having a discussion with a 401(k) custodian to make sure this would be a good option for you to establish this account.Hope this helps!

They are little kids and appear to be very well behaved when I see them.