It frees up time for you to do/focus on other things, and begins the building blocks for you to potentially scale your system easier, build more relationships, and could snowball into new deals through the partnership you'd have with the property management company. 

It is possibly the most block by block neighborhood I know.

I think it can come down to how much time drain the syndicator would have to take on to accept the capital from a particular investor.I was watching another syndicator the other day mention 4 things they look for in an accredited investor.

Other non-code enforcement issues I look for when doing inspections on my own: change air filter, check to make sure toilets are not running, run water in sinks and check drain pipes for leaks, check for signs of unauthorized pets, check to make sure all windows operate, check all GFCI outlets with a tester and make sure they reset. 

So they send someone out and that person fixes the drain and tells them how to fix it themselves next time.

I'm not a 1031 exchange expert but have bought and sold 6 properties this way in the past 2 years (1031 exchanges)Would be glad to help how I can - can also give you some tips on what I've learned may be beneficial for estate planning as far as navigating Assisted Living/Medicaid HCBS etc - (Tip - unless you want your mother to go private pay in assisted living and drain all your money you may want to start getting assets out of her name now - guess it depends on where she'd want to live and how much you want to spend) -- Anyways we've been trying to become experts at our facility on HCBS and the different waiver programs (specifically Physically Disabled - which your brother may fall under at some point and Frail Elderly which your mother can fall under at some point)

Not giving advice here just tips so hopefully message wont be blocked.

This becomes a short term road block for those who have added value very quickly or purchased way under market value.  

If the property is 2 blocks from a university, in a block that is largely populated by students... rent rates will likely reflect student lifestyles.

It has been proven to me over many years that is a dark and dangerous road.In our leases, it states that if the maintenance issue (lets use clogged toilet or sewer main) is a result of normal wear/tear or lack of owner maintenance, the charge rightfully belongs to the owner.However, if the tech pulls out a toothbrush or Barney the Dinosaur out of the drain, the full charge belongs to the tenant.