Keep in mind this property is relatively turnkey with most capital improvements completed within the past 5-7 yearsIn the middle of the month of May, I get a call from my tenants saying that their electricity got cut out and the oven and air conditioner don't work.

Does it have a septic field and septic tank or is it connected to the city waste disposal system?

But I generally ignore it because I don't want to waste energy on it. 

Don't waste your time!

The masterminds are all a giant waste of time and an excuse for him to vacation on others money.

The intent is to cut down on the cost of applying for rentals, particularly for renters that have to apply more than once in a competitive market.Do you support this?

Reality of it is if you want to profit typically you need to make a business out of it and only approx 5% of people are actually cut out for handling the operations of a business - this is why you see so many so called “tire kickers” but most of the gurus don’t care and they know right from the start 99% of the time which trainees have a chance to succeed or not but that doesn’t stop them from taking peoples $.

For example, some cities have started capping the number of short-term rentals allowed, while certain HOAs impose fees that can significantly cut into your margins.For out-of-state investments, having a trustworthy property management team that understands local laws and has good relationships with HOAs can make all the difference.

If the PM wants to waste their resource defending evicting a tenant that paid on time for not paying, I am fine with that.  

Also, the prospects we did get, were pretty much a waste of time.If you're going to drop the rent, we recommend doing as percentage, NOT specific dollar amount.