I know on resident leases you can add a new addendum on the lease at renewal time but our management agreements don't expire they continue forever essentially unless either party gives a notice to terminate.

I'm under contract on a property and the sewer scope inspection report said "The service was observed for approximately 82 feet, and the termination was not visible or and condition was not determined.

The AAPL issuance was a good start but BP can do better and has a better platform for this I was first introduced to HML term in the mid 70s and not sure how many decade before the term was coined.. but its been that way to me for 50 plus years :)

There are clearly downsides - the investments are even less liquid than active real estate, they are completely out of your control and they are long term in nature.  

Quote from @Brian L Harris: For AZ,  the best values, with the long term in mind, are single family new homes.

I agree with the need of a furnace.Most mountain cabins have hot tubs.Emergency generators aren't cheap, but great to have during a sustained power outage.I've thought a battery backup system might be a good compromise.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

Batteries go dead and you can;t get in.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

If we want to make upgrades to the units while our tenants are in there and negotiate an increase in rent when the lease terminates - suggestions on an appropriate way to do that?