Heating costs and interest rates dont help the numbers but demand is high and resale numbers have been impressive

A newer investor should focus on acquiring property's with high leverage so that they can reap the rewards of appreciation and equity.

The way Prop. 33 is presented ("rent is too high") I could see people voting yes on it.

In other words if you do the electrical or plumbing repair right the first time it’s highly unlikely you will need to repeat the same repair again in the future.

So - with something like that in place, I would tell you that a property manager is highly overrated (perhaps the better way of saying it is "over-paid") for the amount of work that is typically needed in a month.

Understand that high returns mean high risk in any PASSIVE investment.  4.

While opportunities still exist, I think they are still rare with interest rates and property values high.  

I believe they are expressing their displeasure with the fact that I have not accommodated some of their recent requests that went far beyond the scope of what is required (like insisting a licensed electrician switch out a smoke detector when we could do it ourselves) and I had to set some boundaries after years of high maintenance for them.

I haven't filed a claim all these years but insurance is for the what-if and to be used for the high-ticker items, but chances of damages exceeding the 5% is low.  

The risk is too high of losing everything.