Namely: You are performing tasks that add value to the property and create work for yourself, yet they are unaccounted for as a cost center.I would begin by trying to create a reasonable estimate on the cost of all the maintenance work per month: both the work you are doing and the work you are outsourcing.

That you can't outsource to an inspector and you probably can't outsource the 3:00 a.m. drive-by to the realtor either.  6.)

I have a few assumptions. 1-This can, in large part, be efficiently outsourced to services that assist with finding people's current info. 2-Some people are found with little effort while others are never located so you have to evaluate your return on finances and time invested. 3-It can be very profitable to locate these folks.

Of course, you can still print it yourself, but i'm all for outsourcing.

It really is wonderful to have outsourced that part of things ...

Or if you outsourced the work to another investor  could it take the same amount of time or take 15 years to do the same thing?

Also are you managing, doing maintenance, or outsourcing?

This is a great advantage if you ever anticipate outsourcing bookkeeping.  

We have been outsourcing to a company in India to help with the volume in the first month.Ryan, you referenced the process of the tenant going to the water department to try to start an account. 

I'm not sure if your creating your DM in-house or outsourcing, but I would create some unique looking envelopes to stand out.