., CoStar, Yardi) - these cost 10-20k a year and again this is not in scope or access of LPs.Verify past performance metrics (walk past assets and secret shop their staff at assets) rather than relying solely on marketing materials.Visit comparable properties physically to validate rent assumptions.

I would use a property manager to manage them as I only have experience with traditional rental properties.I would love opinions from investors who actually use the Section 8 program and those who do not.What is your opinion on which one is better long term and brings in more cash flow now.I appreciate any information.

It is also the top tourist destination in the US, and it is a year-round market with fairly consistent performance year after year.

Mold inspection was never performed, as there was no concern about mold.

@Micah Loewen I only pay for one dumpster out of 8 properties.

Plus it better ties investment performance throughout the organization from property porter up to CEO.To your point, there are some vertically integrated operators that charge above market fees for their internal operations.  

@Michael LudwigThese are both screening rules of thumb for performing analysis. 

The owner I know uses a local handyman service they've built a relationship with to handle one-off issues that come up and perform regular maintenance, and it sounds like you've already got cleaning locked down. 

People assumed California would be the worst-performing state because the baseline level of affordability was so low.

I only make $39,500 a year.