However, tenant's credit history will take a dive and be on record and since I'm the property manager (me / owner), I will not vouch for tenant when seeking for a place to rent in the future.If I go with option "b" and the tenant / tenant attorney agrees and signs an agreement to make it official , at least I can get back my money within 10-15 years.

While the power can't be selectively turned off, it’s really about active management and oversight once the utilities are in the PM's name.

Hi Everyone,I am looking to get started with doing rental arbitrage with my cousin who is a Green Card holder, however, I am on a H1B Visa which restricts my ability to earn income "actively".

Asa result, we are seeking alternative methods for acquiring off-marketproperties.While we havedeveloped a robust system for identifying and pre-qualifying potential landparcels, one of the major hurdles we face is reaching the property owners.

It's great to hear from someone active in the Rochester market.

Just being active and visible in the areas you want to buy in can work wonders.

It's not illegal provided you're dislosing it to all parties and not trying to actively hid it.

I have yet to come across a policy that covered for fraud or illegal activities. 

Maybe look for a different type of tenant that doesn't leave every year or sell the place if it isn't meeting your other investment objectives.2) As PM's we always seek prior authorization for expensive turns or capital projects, even though the estimates given to our owner-clients are often ball-park numbers.

Because with an HOA in tow that means your not doing it alone, you have active "partners" who will be taking care of a slew of things so think of it like training wheels.