I'm not sure if folks are phishing for something or what but I appreciate you taking time to challenge the initial poster's post.Steve

So those fixed costs, like calling a plumber or replacing a fridge, are going to cost more, as a percentage of your rent, to handle.  

Definitely get a complete understanding, seems like any repairs they handle or hiring someone will be high

Consulting with a tax professional is advised to ensure compliance and proper handling of deadlines.This post does not create a CPA-Client relationship.

New Management:We weren’t satisfied with the way our property manager at the time handled the entire situation.

And therefore competition among tenants can create significant challenges, like...Businesses may struggle to establish a unique presence and loyal customer base, and a lack of profitability due to nearby competition will likely lead to higher tenant turnover.

I'm facing the same challenge right now on a property in Anchorage.

Specifically, I’m drawn to distressed properties, such as pre-foreclosures and foreclosures, because of their potential for strong returns and lower acquisition costs which I feel is a great combination for a new investor with my budget.That said, entering the U.S. market as a Canadian comes with its own set of challenges, and I want to make sure I’m approaching this the right way.

Finding an umbrella has been very challenging for me for years for one reason or another but I was able to get an Umbrella quote from Steadily recently that covers our CA primary, autos, and our OOS rentals.   

However, I'm facing a challenge: closing deals.