Ongoing routine maintenance tasks will save you a lot in the long run too...like pest control, tracking common utility usage, etc.Tenant screening is pretty much the same, but again, for class C you can expect high turn over rates, so plan for it. 

This is what can be done in Illinois: Answer the telephone, take messages, and forward calls to a licenseeSubmit listings and changes to an MLSFollow up on a transaction after a contract has been signedAssemble documents for a closingSecure public information documents from a courthouse, sewer district, water district, or other repository of public informationHave keys made for a company listingDraft advertising and promotional materials for approval by a licenseePlace advertisingRecord and deposit earnest money, security deposits, and rentsComplete contract forms with business and factual information at the direction of and with approval by a licenseeMonitor licenses and personnel filesCompute commission checks and perform bookkeeping activitiesPlace signs on propertyOrder items of routine repair as directed by a licenseePrepare and distribute flyers and promotional information under the direction of and with approval by a licenseeAct as a courier to deliver documents, pick up keys, etc.Place routine telephone calls on late rent paymentsSchedule appointments for the licensee (does not include making phone calls, telemarketing, or performing other activities to solicit business on behalf of the licensee)Respond to questions by quoting from published informationSit at a property for a broker tour that is not open to the publicGather feedback on showingsPerform maintenance, engineering, operations, or other building trades work and answer questions about such workProvide securityProvide concierge services and other similar amenities to existing tenantsManage or supervise maintenance, engineering, operations, building trades, and securityPerform other administrative, clerical, and personal activities for which a license is not requiredIn Illinois, an unlicensed assistant may NOT perform the following tasks:Host open houses, kiosks, home show booths, or fairsShow propertyInterpret information on listings, titles, financing contracts, closings, or other information related to a real estate transactionExplain or interpret a contract, listing, lease agreement, or other real estate document with anyone outside the employing licensee’s firmNegotiate or agree to any commission, commission split, management fee, or referral fee on behalf of a licenseePerform any other activity for which a real estate license is required

The seller is making it seem like it is routine to list out the individual inspections for the offer?

@Troy NorwoodIt is a felony to broker properties unless:1 you are licensed2. you own the property3. you have equitable interestwe have some scammers that routinely advertise properties that are not in these categories. 

Here in my market (which is very hot as well), agents routinely price a listing just a little low to generate a feeding frenzy.  

For those lacking experience do no more than you would do routinely on your own home, for everything else hire contractors.

A newer house might or might not need less routine maintenance.

I know that for fact (I'm a broker in the state and it's been covered routinely in various classes, etc.).I'll check into local codes to see what they call for.

After it is "rent ready" then routine maintenance becomes an expense and is deductible in the year in which you spend the money.

He was managing Broker for a mid-sized Property Management and Investor Real Estate Sales company.It seems one of his admin employees owns several investment properties, and in fact the PM company "managed" these, from the standpoint of tenant management and routine service calls.