But from hearing others I think I might be worried about this one for no reason.Regarding physical costs, yes, I was thinking of using a software service.

@Kate LaveryHi Kate,I don't have all your answers... but I can tell you that if you physically received the $500,000 (cash, check or what have you payable to you) on the sale of your property - it won't fly as a 1031 exchange.  

And last thing, my LLC has EIN but I don't have ITIN - I'll be physically in Baltimore in few days.

The challenge is I'm out of state, so I can't physically deal with incidentals. 

There’s not much else it can be unless it’s in really bad physical condition, which the PM would also notice right away. 

., CoStar, Yardi) - these cost 10-20k a year and again this is not in scope or access of LPs.Verify past performance metrics (walk past assets and secret shop their staff at assets) rather than relying solely on marketing materials.Visit comparable properties physically to validate rent assumptions.

But they are there and have huge views.People want to get rich quick, not sacrifice by living way below their means, working hard, and putting in the many hours of physical sweat to manage and maintain property, or the many hours of due diligence and hard awkward work of truly vetting operators as a “passive” LP.I stay consistent with my personal approach and what I talk about year in and year out.

Also, is there some prevision I can put in the lease to prevent the tenant from blocking the drive access to the ADU/Boat and from physically messing with my stuff, such as a fee.

Unfortunately most investors believe their excel spreadsheet will provide all the answers but I recommend combining your pro-forma with a greater emphasis on physical interaction with the properties and more importantly neighborhoods where you decide to invest.

Main Account - Checking account to set up transfers or draw money from for mortgage, insurance, taxes, etc. and I get a Baselane debit card (physical and virtual)2.