You'll also want to have plenty of your own capital in reserve to deal with vacancies and repairs.I imagine a lot of the tenant-landlord problems can be prevented by providing good customer service and having clear standards, both in who you rent to and how you maintain your property. 

To wit all C series specialty contractors can be a prime contractor directly to the customer.

It helped create a better sense of community in the complex because everyone felt they were a part of something having ID badges and it helped out the community and local businesses by having loyal customers coming to their stores.

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I use ESS for the call center and then they notify me of a move in and I login into my systems using a remote desktop and program my new customers.

I'd say the PM you talk to doesn't spend much time talking to their customers ... this is a nightmare for me every year.

Ouch...Here is where I ask all of my customers the big question? 

All the million dollar custom homes in my area have smooth walls.