That said, we understand that insurance details can sometimes be complex or overlooked during the decision-making process.

I'm not a CPA, this is just my understanding :) 

Hey Marc - I understand not wanting to pay for plumbing work, but fixing the issue by getting a plumber might be the best option.

I’m self managing myself but the tax side of it is a little confusing to me but I’m recording everything involved as far as maintenance, traveling, expenses etc. just want to know what some people would do in my situation or what to I can benefit from come tax season  @Angelo LlamasI recommend that you find a real estate accountant to help you understand and prepare your taxes.Bigger Pockets is a great place to find a real estate tax accountant. 

Get a damage restoration company involved.

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

Understand that they are doing this to make a profit, so it will be more expensive than coordinating maintenance yourself.It may be a decent program for a DIY owner that wants to just outsource maintenance, but you will have the same maintenance issues with this company that you would with a PMC:1) Higher costs2) Admins answering the phones & assigning work, that just know the basics about maintenance.

I am particularly interested in understanding various investment strategies, networking with experienced investors, and finding my first rental property.I believe that learning from others' experiences is invaluable, and I am here to absorb as much knowledge as I can.

I find this screens out any guests that could have issues and lays the groundwork for a great stay.It also weeds out folks (in our case) that aren't understanding the distance to town and certain activities in our area.

I took out a HELCO on my primary - I understand not cash flowing - could have taken out a lot more but only took 50%.