This would harm higher wage earners who invest for tax deductions.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

The answer is yes, you need to develop your own internal policies on what should be repaired out of pocket vs filing a claim.If you find lots of broken window type repairs, you are better suited to adjust your tenants or something you're doing to minimize the harm.

No harm in estimating worst case though.I think with expense estimates close to the norm, that this will look like a solid deal.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each don’t cover.

I hear syndicators talk about cost seg like it's the best thing since sliced bread when they may in fact be harming their investors by paying money for the study when it may actually hurt their investors.  

At minimum, they should be aware of the harm that was caused. 

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

.- Near a lot of workplaces, parks, libraries, malls, etc.- 30-40 min from the beach.- If I did not have to relocate this would be a no brainer.

This is an absolute no-go for me, because of my $2500 deductible, and amount of different insurance policies I carry (would do more harm than good in the long run)It is in the tenants lease, (property manager's company lease) that tenant must carry renters insurance.