Despite blowing through all performance projections it was just an endless stream of ridiculous requests for reports and information (beyond what was agreed to in the operating agreement) only to satisfy a junior analyst that probably hadn't stepped foot on a property in his very young life.  

Rates fell off a cliff in August only to bump back up to just shy of where they were at that point in the last two weeks. 

How should I include any repairs related to termite report?

However, if you're rental rates are close to the market rates my suggestion would be to set them at $1375 and then bump them up next year upon renewal another 2-4%. $25/month over the course of the year is only $250 and you'll likely lose that amount in turnover costs if one decides to move out. 

Are you reporting it on Schedule E or C? 

I have full report drawn from MLS.

Paying off the $4k in defaulted debts on her credit report, which she probably could have settled for 50-80% of that total. 

I see a few challenges arising with this type of set-up.If for example, he/she doesn't do a good job or if you no longer need their services or if a conflict arises between landlord and manger.Is their a way to structure the managers pay without bumping in to challenges later on?

Are you seeing a similar small bump in income, or is it more significant in your area?

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