that's more in line with asset management fee's like banks pay for vacant houses. .one thing I might add that's a little off topic.. but you should call your insurance agent.. and ask them if your house is vacant more than X days are U still covered you may find out a house that is vacant more than 60 days.. the insurance company will not insure.. you have to purchase a special rider for vacant homes..I have had clients of mine over the years get wiped out.. when their house was vacant 4 or 5 months it had a catastrophic fire only to learn their insurance expired day 61 of vacancy.and they are good at it.. the insurance companies. they will ask you ..

I basically have to be present in case of a catastrophic failure.I have access to the internet and have hours upon hours to kill. 

I THINK I'm pretty well prepared.foodwatercashgold,silverfree and clear RE in one entitymortgaged to to max RE in other entityguns & ammo(this one was for Mike Oh Some of my assets are affected by inflation nicely, some are affected nicely by deflation, and the rest are for catastrophes.

Doesn't need to be catastrophic to hurt you, any service call will take a big chunk out!    

In addition, keep in mind that the deductibles are usually quite high so the coverage available really qualifies as catastrophic coverage.   

I also have a $175,000 line of credit at the ready if something catastrophic happened.

The issue is that we have 2 rent-controlled tenants in the building. 1) One tenant is over 60 and has lived in the unit for more than 10 years. 2) Tenant 2 claims to be catastrophically ill and has lived in the unit for > 5 years. 

Assuming no global or economic catastrophe, I believe we will see moderate appreciation over the next 2 years (i.e. 10% cumulative).  

As an catastrophe insurance adjuster who travels the country working on claims...

Not to mention that it's not impossible for the far right or far left party to get elected in France during the next presidential election which would make real estate tax laws a catastrophe for investors.That said, I'm not sure I'm willing to take the risk of investing in France for the moment.