For example, if a tenant calls and says that the there is no hot water in the house, for the PM to get a handyman to fix the issue if he can instead of just calling a plumber and charging $300 for something simple. 

I had a house that was very similar to this just outside a super hot neighborhood in WPB and I got burned because of little repairs that wiped out almost my entire return. 

But say you use it all as the down payment, then you suddenly have a 10k repair that you need (roof broke, hot water heater failed, and HVAC broke all at the same time).

@Eric OszczypalaYour in A hot market in one of the hottest areas for real estate in America .

WI is a hot plate of rental properties right now much opportunity I hope you take massive action 

Side note - Will be adding a Profile Picture since I see that was a hot topic in the forums.  

Actually using regression statistical model (90 day weighted avg) based on home price since 2011 to date analyze sf, lot size, amenities(fire pit, modern bath, outdoor fireplace, pool, hot tub, solar panels) to determine the contribution.

then you have the herd factor and what's hot.. 2 years ago it was Texas last year KC and INdy..

I think the best time to get your feet wet is when the market its hot so that you have the experience to take maximum advantage when it's cold.

Not that my area is super hot or anything.