Nothing like having more control of your money. 

I have a similar plan for my furnaces and hot water heaters with my local utility company...it's called risk control. 

The stat is on the main floor and controls both levels.  

Some things happen that are beyond anyone's control.

Leases place tenants in control of your property until they decide to leave.

And while your in-house team could certainly incorporate these devices into a routine inspection/maintenance program, that will come at a cost. 

-Amanda Fallon OK, I'm at home now, so I have more control over the posting.

@Daniel M Gibson sticking to fundamentals and your "gut" is always the best course.Unlike 99% of the investors on this site, my take is that investing for cash flow is a bad idea...it creates a jaundiced view of how things work...meaning that investing is about controlling assets as wisely as possible...not immediate cash flow.I use seller carried loans routinely because I'm in for the long haul (and I don't need rental income to survive)...as long as the purchase price makes sense, I could care less about income...the concept is debt paydown and future equity.

@Patryk Sommer I'm always weary of condo investments because you have little control of capital expenses.

This city is rent controlled.