I learned something new and I'll be better prepared in case I see these in some future pool. 

Look at when major repairs have taken place at the property like the roof, pools, tennis courts, building painting, etc...

Pick an area that has a ready pool of tenants. 

While you can theoretically raise the rent, you might very well be better off to look at a 20 applicant pool as a wonderful thing and carefully select a high-quality, long-term tenant at your current price. 

And finally in the back, is there a pool?

The HOA fee was $200+ a month for a 1 bedroom condo, the property grounds were not well maintained, and they offered NO amenities other than a grassy patch where a pool used to be.  

This is a larger city though and that may not be an option in smaller communities with a less diverse tenant pool. 

I have had a pm in a different pool of properties in a different state.

But like other poster said, that is pretty high unless very steep roof, roof decking included, expensive labor pool, etc....roofers here take off asphslt one day and roof a 2000 sq ft one story with 450 sq ft garage the next.

Complete second bath remodel, new pool decking, landscape design.