My business library has many books in it some decades old which I routinely refer back to because I can't remember every detail of a subject matter and each case is unique but techniques and terms can be timeless and are relevant even today. only a fool completely ignores history and the past... yes it is important to adapt but sometimes old tools work just better.

Is this your fault because you didn't keep up on routine maintenance of oiling the chain?

They just want a clean working house with smoke detectors for the most part.My section 8 office does routine inspections which I like because the tenants know they are coming and the keep the house in good shape.I would convert more of my properties to section 8 if given the opportunity.

Give proper notice that you are doing a routine "safety inspection" and see which tenants have a box of those products sitting on their toilet tank.

If you have tenants who are routinely desperate you may have improvements to make in the vetting process.

Schedule a routine inspection and look for evidence of smoking inside the house.

If you had multiple units I would expect it to be done during other routine stuff to try and save.

But for a PM it's pretty routine to charge extra if a pet is included, then if extra cleaning is required it doesn't come out of pocket.

The routine wisdom offered here is the 50% "rule", which means you could expect to return 50% of gross rents BEFORE you pay for the mortgage.

I routinely have clients who get under contract on a property and create a new LLC for that house prior to closing.o Business bank accounts are not required.