BUT that sentiment may be changing.

He is someone intent on wealth creation and planning *with* social causes.Key Takeaways: The Intelligent Investor by Benjamin Graham, first published in 1949, is a widely acclaimed book on value investing.The Intelligent Investor is based on value investing, an investment approach Graham began teaching at Columbia Business School in 1928 and subsequently refined with David Dodd.This sentiment was echoed by other Graham disciples such as Irving Kahn and Walter Schloss."

I think its a common sentiment among LLs when John posted that, "[paraphrasing here] they could tear the place up and demand a full refund" However, he seems to speak out of 2 sides of his mouth.

I haven't attended any existing REIAs yet but most of what I hear about the groups in this area echoes your sentiments.

I eco the sentiments above.

If is property manager is too lazy or apathetic to abide by *their* agreement I'd punt them ASAP.That said, I still stand by my original sentiment that it's hard to expect a property manager to be as good as maintenance as they are at occupancy as they are with handling cap-ex projects.

@Hope Louisse Montenegro I'm seconding the sentiment here - get out while you can, cut your losses and move on.

I echo her sentiment that your CapEx and Repairs number are low, one way to help ensure you're prepared is to run your numbers "worst case" so I would double both of those amounts at least.

I agree with above sentiments of Anchorage.

Maybe we will see a shift in sentiment.