From this landlord's perspective, new houses suck.

James' book has a bit of a different perspective and I think both are valuable to expand your knowledge and experience.  

I see the original post was made almost 3 years ago, so I’m definitely curious how your perspective might have evolved given the market’s ups and downs since then.

Given your firsthand experience with the Alabama market, particularly with septic-specific considerations, your insights would undoubtedly provide a more accurate perspective on the operational and maintenance costs affecting this asset.Even with the available information, there are still substantial assumptions and speculative elements that must be integrated into the current and pro forma financial analyses to provide a meaningful valuation.

COMBINED FROM BOTH DUPLEX SO ITS ALL ABOUT PERSPECTIVE YES THIS YEAR WAS HARD AND HEART BREAKING BUT ITS ALL ABOUT THE RESPONSE AFTER GETTING KNOCKED DOWN ! 

That line, at least from my perspective, is getting a little long in the tooth.

Most of the replies have been to get a PM or put systems in place, but I'll share another perspective.

You can probably rent it out for between $1,200 and $1,400, so from a cash flow perspective, that’s just shy of the 1% rule that’s often talked about here."

I know, sorta defeats the purpose of an LLC from a financial perspective, but gets the job done.

Leslie, sounds like you approached it more from a management perspective or returning guest.