A bookkeeping professional will "translate" the PM's data into your master accounting platform each month so all of those transactions are accounted for.This allows you to see how your business(es) as a whole is doing financially in addition to how each property is doing.We actually catch a lot of mistakes doing this for our Clients as an added bonus. 

"If something were to happen at the proeprty, having the PM added to the insurance will create a unified front and will be more likely that we will be protected". 

I've never purchased any properties from them to comment on their added fees.

.- lower turnover- easier on the units when they do move- quiet and less disturbance than traditional, younger- for fixed income, consider partnering with the local housing authority for SEct 8 vouchers, then raise rents accordingly - guaranteed money & the Sr. only pays a portion (if they qualify)Traditional renters- Higher turnover- Higher turn costs- More volatile - higher bad debt- More drug related activities- Adding in children that are hard on units- Higher eviction rates and legal costsConsider all angles before making a decision with the changes. 

I could also add a non PGE meter for measuring the tenan't power line.I do not know the extent of time added or the exact cost.  

You just added something to my very tiny toolbox (but it's growing).

IMHO its a all of the above times, post cards, door knocking, SMS, face book PPC and ads in marketplace... 

We’re in the process of adding 2 additional units so although expensive, it’ll be less than going out and purchasing another duplex.

I most likely can afford it but am really keen on building up a reserve be side there’s still a few things to fix in the place and I want to make sure I’m adding enough equity to the place to eventually cash out refi and get my next property.

I also hope that you are adding a big bad debt and vacancy number to your underwriting.