More like one in a hundred.

With hundreds of rentals under management, it is extremely rare that I let a tenant do work.

We are working on another form of communication with higher commissions.The FutureAll indications are showing that it will get worse before it will get better - sales inventory is still high, rental inventory is very high, more and more new construction apartment buildings are nearing and/or have been completed (at least 10 in Cape Coral that have hundreds of units are still being built), displaced homeowners are returning to their homes, and a host of other concerns.We have gone through years of rapid rent growth and a lack of inventory.

He ended up losing a fairly inexpensive watch and a few hundred dollars but could have been worse. 

The tenant pays me $175 on the side so I'm still cash flowing a few hundred overall.

I do it mostly because the veteran real estate investors here know you never find anything but human feces and decades-old porn behind water heaters, and I think it's a great private joke for all of us about how weird this business is, especially seeing how the newbies react, all offended that anyone could possibly be dishonest here in the forums about finding rubberbanded and cellophane-wrapped stacks of used twenties in a hundred-year-old defunct crapshack in Yinzerburgh, of all places.And every year, right on the button, I get a bunch of people who insist they know exactly how I should invest my found money.

ETFs and other index funds divide those ups and downs  across hundreds - if not more stocks to protect you from that volatility.  

If that’s not an option you’re comfortable with, pay the couple hundred dollars to have a professional photographer/videographer grab the walk-through so you have it as a permanent going forward.

I'm closing on a duplex next week.I crunched the numbers lots of different ways and it will cash flow when fully occupied but only a couple hundred a month.There are other locations in my market for sale that are way over priced.As a general rule of thumb I try to keep my units around $50K each for a single bedroom and $75K each for a two or three bedroom unit.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.