@Adria T. the PM company has to communicate, get a tenant in quickly and be able to handle items that are unforeseen..

Hi Varun,I've been investing and owning in the DFW markets since 2012, and foundation work is a common maintenance item. 

I assume you keep the capital gains/depreciation itemized.

And make sure that all items necessary for you to get the best rate possible from your carrier (like 4 point inspections, roof attachment points, pool enclosures etc) are present or available.One nasty little factor that can't be helped is that every time you buy a property for more than than last owner paid - you will have a tax bump due to re-assessment. 

If both of those its items look good, we'll continue.  

To date, neither item has happened, and the deadline is 8/1/2024.It is also interesting to note that Jeff filed his own "Answer and Affirmative Defenses" in a number of cases this month and signed these as "Counsel for Defendant".  

I would say look at the big ticket items, roof, foundation, electric, plumbing, HVAC and assess from there if anything needs to be done 

Here in Philadelphia the water bills are split into two line items, usage and storm water collection.

-They will pay for most maintenance, excluding large capital intensive items.  

Normally the tenants understand.If you're having consistent issues with a tenant abusing the HVAC only (if they are abusing other items then it may be helpful to find a new tenant), I know some HVAC companies offer an annual plan with a certain number of visits per year at a flat fee.