Growing massively! 

For example, does it cover which areas are common areas versus private ones?

Once you're ready for the next purchase, you will have more experience, systems, and the confidence to tackle a bigger project.

just say rent is not being paid, or should i include things like unauthorized pets and damaging property by not having water on since may and sprinkler system disconnected, damage inside property?....

I could see a value-play here for monthly financial reporting, if not handled directly through PM systems.

Invest in a system that will manage your leads and automatically manage your follow ups.  

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

It's important to note that interest rates for land loans may be higher than those for residential homes.Utilities and Access: Many rural lots in Fairbanks are off-grid, so buyers should consider whether they need to drill a well, install a septic system, or bring in electricity.

Is it the entire system that needs to be replaced? 

Remember, no system is perfect, so avoid the temptation of constantly chasing after the next shiny object.