You should really be on a master policy to reduce your administrative burden and leverage your size.Best of luck

Lastly, most brokers in the area charge an administration commission.

Annual expenses per unit will be around $10K, which includes all taxes, insurance, administrative and maintenance.

Below are the expenses I am carrying:Expenses:Property Taxes: $1,626 annually ($136/month)Insurance: $714 annually ($59/month)Maintenance and Repairs: $900 annually ($75/month)Capital Expenditures: $960 annually ($80/month)Utilities: $0Advertising/Administration: $300 annually ($26/month)Property Management Fee: 10% of gross income = $1,200 annually ($100/month)Tenant Placement Fee: 50% of first month's rent = $538 annually ($45/month)Turn Reserves (Cleaning): $500 annually ($42/month)BreakdownRental Income $1,075 - 7 % vacancy = $1,000/month ($11,997 annually)Expenses = $561/month ($6,737 annually)Expenses/Gross Income = 59 %For the record, when I called the County Assessor's office, they told me the assessed value is $81,300, and I would be paying 2 % as an investor (number is carried above). 

If somebody gets injured on the job...Not sure if that was the point of your question here, but just throwing in my two cents on more administrative side..

However, once that loan is made from the IRA, all transactions are 'arms length' and I as the IRA holder can only provide administrative and investment oversight. 

I just learned of the Government Small Business Administration (SBA) Disaster Assistance Loans and are looking into applying. 

Joyce, Deputy Court Administrator Marisa Shuter, Landlord-Tenant OfficerRemains to be seen how this will shake out in the coming weeks, but the tea leaves suggest evictions will be put on hold for the immediate foreseeable future. 

Alternatively, it urged Congress to allow those hosts to defer the taxes on their short-term rental income.Airbnb also urged the legislature to make it clear that the property managers that list on its site and others are eligible for the disaster loans that are being made available through the Small Business Administration as a result of coronavirus relief law passed earlier this month.Additionally, the company encouraged Congress to exempt more short-term rental income from taxes.

Went to middle school at the old Central Middle School that is now the administration center.