It wasn’t a detailed plumbing drawing- he had shown one line going to all units while the contractor pointed out that it is better to show individual lines to each unit as repairs and maintenance are easier. and some towns even require it . 

With the right maintenance and upgrades you could sell it for a decent profit after.

If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

The Airbnb paid for almost all the expenses of owning the home and my "rent" was just putting $200-300 away each month in savings for maintenance and capex.

Softwares run me about $80,000 per year for PMS, Pricing, Lock Automation, EZ Care (housekeeping and maintenance). 

Understanding tenant rights, maintenance responsibilities, and potential challenges will prepare you for the realities of being a landlord.

The only issue w/the keypads is then you may have extra maintenance calls. 

You only need a place to track tenant information, payment history, maintenance, etc.

Carrying Costs and Contingency Funds - How do you estimate carrying costs, including taxes, maintenance, and interest, if the project spans several years?