Pennsylvania is still the fifth largest state after CA, TX, FL and NY and covers a large area with different sub-economies. 

We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Storm damage would commonly be covered by your homeowners insurance.10.

These are sunken costs even if no one rents from the MTR operator or if MTR rents don't cover monthly costs.4.

Needed to cover her end according to irs my question was can you just pull out basis and pay no tax I know in other real estate related projects this is not acceptable any money come back from cashing in would be spread between basis and P and L   That is a great question.

It's all covered in his fees.  

Our insurance company (State Farm) doesn't cover flood, so our flood insurance policy is through FEMA's NFIP (national flood insurance program).

I use one unit as my primary residence and have been using the other unit as a mid-term rental (~1-3 month stays) to cover the majority of my mortgage.

We have a fee for this in the lease but how do you cover for this in the lease ?

I'd minimize the risk of having negative cash flow in the first 12 months when things are the most unknown and I'd be able to increase the gross rent of the property which should give me a better loan or at least bigger margins to cover my risk for negative cash flow.