"Chasing" after a tenant is not good business and will waste a ton of your time.

The 1st was a complete waste and actually shut down during my 3rd week in.

How that gets fixed I have no idea, I'm sure it is a problem on every forum out there.....but it bogs down the Forum and wastes people's time more than anything else IMHO... 

Even if you are doing volume, why would you waste your time and not delegate?

It's a good sized house (3000 sf) for the number of bedrooms (4), especially since it doesn't waste space on hallways and things like that. 

I would assume a greater emphasis on quality of materials and workmanship (and consequently higher rehab cost) for a rental where the investor will have to deal with the longer term implications of any corners that were cut.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Early in my investing career I wanted to cost seg my properties, but my accountant told me I was wasting my time because I was unable to use the full depreciation benefits I already had.  

There is always SOME manual work, but you can cut out a lot of the back and forth-- definitley.

In 30+ years we've been sued 1x (legal blackmail over a tenant's drunken trip/fall) which the insurance company settled for $1,500.00).We've been using some privacy tactics to keep our names off the county recorder and the target off our backs.Further, we review our insurance coverage and premium annually, just to keep on top of any changes.As with all insurance, it seems to be a waste of money... until you NEED it!