I thought I'd do him a solid of letting him have recurring revenue by being a PM so I didn't vet him like I did with the other PMs.TL;DR hire a professional PM company, not a realtor, to be your PM.OK, so now you got the deal, closed on it, and got a PM.

Enter recurring charges and automatic late fees.

I have enough recurring income to carry the investment property. 

We not only lost our hard-earned money but on top of everything, our health suffered, I had several sleepless nights due to the stress and anxiety that this horrible experience created for my wife and me.After the buy-back was completed, I approached Maverick to at least help us with our losses by requesting us to give back ~$6000.

When selecting an investment city, it's important to take into consideration all major recurring costs.

Things have been going so well that I have high anxiety for tax time.

According to the city's website, I need to apply for a Type 1, Partial Unit license, which costs $443 for the license, and then $236 on a recurring basis.

I organize an REAI group here in Fresno and just last week I did a discussion on this very topic - one the #1 reason people don't network more is because of anxiety about meeting new people.

I'd then focus on building out a "business solution" arm to bring in clients with recurring monthly revenue.

I found the best solution is to create an import template in Excel with pre-populated descriptions for the recurring transactions (rents, garbage, landscaping, pest control, etc.) and import it into Xero and then manually key the non-recurring transactions (primarily repairs).