Then all of a sudden big repairs or capital expenses are needed and then what you thought  was a $15,000 profit, has turned into zero because you did not account for it Once I put in realistic numbers I always end up with a cap Rate of zero using their pro forma. 

Hi,As one who lost a very close family member recently and suddenly received quite a few probate letters from local investors, my advice would be to add a good three to four sentences stating your condolences and somehow tie that in with the solution you're providing the new heirs / owners.  

Martin - I was with you up until your statement towards the end about material participation.Active participation doesn't make your passive rental income suddenly become regular earned income.  

Rates drop prices surge. 

Suddenly they'll need extra income to add a hospital, improve the roads, increase police presence, secure our schools, etc.When property values go up, you can expect taxes to go up. 

Then in 2009 the housing bubble burst, real estate prices took a dive, rents came down and your cash flow suddenly disappeared and you owned a once $800K property that is now worth $550K.

For example, at peak construction season in my area, you really have to hunt very hard to find someone willing to paint your project for less than $6/square foot, so when you find someone who'll do it for $2.50, all of the sudden that doesn't seem all that expensive.

Some hospitals are very committed to getting long term staff but there will always be regional surges in demand.

Then it was suddenly frozen one morning and, after an email to the address zillow provided, a voice message to the appropriate phone number, and a form filled out with exactly all the information they request, we get no response for almost a full business day.  

I had a tenant for 3 years that always paid the rent on time, was polite and respectful, then left the place a disaster when he and his family moved suddenly.