Even if the numbers on paper look good, I think the person/people running the show are most important to help make the numbers a reality.

My opinion is ultimately the PM company should be held liable to make sure this vendor gets paid.The PM agreement states: (21) hire contractors to repair, maintain, redecorate, or alter the Property provided that Broker does not expend more than $ for any single repair, maintenance item, redecoration, or alteration without Owner’s consent; Leasing & Management Agreement concerning: (TAR-2201) 6-1-10 Initialed for Identification by: Broker/Associate and Owner , Page 3 of 11 (22) hire contractors to make emergency repairs to the Property without regard to the expense limitation in Paragraph 4A(21) that Broker determines are necessary to protect the Property or the health or safety of an ordinary tenant;3) Should/Could the vendor file a mechanics lien at this point?

I know the numbers look great on paper but the city is still not "ready for primetime" IMO. 

Get a websiteDo SEOLearn how to DMMMake your site credibleSend out DMM mailersWholesale the deal and get paidrepeat 6 - 10 timesLearn all there is to know about flippingFlip your first housemake the moneyUse a 100 dollar bill as toilet paper(You have to do this at least once.

We sign papers Saturday.Thanks so much!!

@David MichaelSmall bills in a brown paper bag. 

They did another inspection, and found paper at the end of the pipe close to the street. 

The point John was making, I think, is that the depreciation and other paper deductions that you create by having rental properties, can help off-set your SEI, and any other income for that matter, as a 'real estate professional'

When they call me I have a pen and paper ready and scribble down key points from our conversation.After the conversation I have a list of points.Things they didn't understand (how it works)Doubts they had (why did they doubt I was real)What their concerns areWhat they likedKeywords they typed in finding my site.and a lot moreBased on this list I have an endless supply of topics to write to not only boost my SEO, but more importantly to boost my conversion.MOST (I really mean ALL) content providers do not give a POOP about your conversion.

All of the above things, and more, will be hard to tell from a paper application so - if you don't meet the applicants in person for the showing - you're really missing out on a lot of good information (in my opinion).