Even under management you're going to have headaches a plenty and phantom line items you haven't even dreamed of. 16 sinks, 16 toilets, 16 AC units, 16 fridges, etc.

You can spot treat areas in your home like around the tub area (where it's open in the slab) and toilet flange.  

Finally, I was a president of my 5 unit townhouse/condo in roger park, and it was very interesting in how we had to raise our HOA fees in order to meet capital expenditures...it seemed like when our toilets crashed or went away to toilet heaven, all of the others did too.  

They were definitely tired old units that I have improved the value of by remodeling and upgrading. 

The investor said it was completely remodeled and had a tenant in there under property management.

Actually it's wood and doors and toilets.

I mean when I visited the city and the area, I didn't feel like it was a warzone or anything, but you could tell just the house quality is just much different than other more remodeled homes and cities. 

Given the area of Del Cerro, we used high end finishes throughout and every detail was carefully picked out from the door knobs to the iPad control station to Bose surround sound throughout the house to LED mirrors to the Versailles travertine floors to the wall hung toilets to the custom cabinets w/ granite countertops, etc...Nothing was left untouched!

We have experience with rehabbing/remodeling our personal homes, and are looking to push that aspect of our real estate careers into overdrive, in an effort to build income streams for the future.

If property is vacant you should put toilet paper in every bathroom.