That being said, we managed a couple of properties for one year for a man who bought them from us and we did a "mid month" report (written, descriptive) just to let him know what was going on so there wouldn't be any surprises when we did our report on the 3rd (we always did our "end of month" report on the 3rd, after bank statements cleared and were reconciled, at which time we could also tell him if all rents for the next month were cleared, and if not, why. 

Get a local cell number (you'd be surprised what a big deal this is to some people!).

The initial setup is the only additional time I've really spent by using the different outlets.I am surprised to see how many people get the majority of their bookings from ABB.

Make sure you have all your numbers in order, you dont want any surprises at close.

It will be surprising to you how easy it is to spot a fraud with just these few tips. 

You'd be surprised what may be available.

I am surprised more folks dont do it - you do need a business account and your business must be approved for x amount of a LOC just to cover rent if something were to happen.

Despite the hot oil industry, I am surprised people are selling stuff at 10 cap there.

You would be surprised how many students would apply without parental consent.

This factors in market risk (the market dropping while I'm renovating), deal risk (surprises that might come up) and the value of my time.