The meters are read electronically with 3g and you get great reporting in their water scope platform.

I like that lawn and snow removal is taken care of in an association, but dislike that expense each month. 

Read your mortgage paperwork for the due on sale clause. 

It's also good to read local business journals and visit the chamber of commerce website. 

My advice is to tread carefully.

There seems to be a lack of due diligence before properties are listed, and when questioned about the discrepancies between advertised and actual returns, the responsibility is often shifted to third parties.While it is true that there are properties within their portfolio that do cash flow, finding these requires careful due diligence on the part of the investor—just like any investment.

Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

If you are reading this and came to our office and didn't join, congrats. 

.- Since we're not really in full control of the property, the Hold Harmless also indemnifies us against anything that goes missing at the property and squatters.We get asked/told to do all kinds of crazy stuff by owners, who either don't care what happens to us or haven't really thought everything through.Hope this addresses your question.

You're buying a business, so you need to read the financials.