Plus the hotel business is suffering because of things like Airbnb.

Peter Schiff would like the economy to suffer because he is a gold bug.

Also, smoking can damage the property and lead to costly odor removal.Licensed and insured - The contract must include copies of their license and insurance.Fixed Price for each line item - You cannot afford to pay by the hour, no matter how low the rate.Overwatch - Without a construction knowledgable person going on-site at least every other day, your job will take longer to complete, the quality will suffer, and the price will increase.Payment terms - 50% payment upfront, remaining upon final acceptance.Renovation creep - Do all that the property manager recommends and nothing additional.

It's not like plumbing or electricity where either the worker or somebody later on could suffer some seriously bad effects from poor work or being careless on the job.For your painter, if they are climbing ladders up to a second story, I'd be more concerned about insurance. 

So if we didn't work hard to place tenants that stay longer and pay on time, all our numbers would suffer. 

Do House renters want ADU types in their backyard, or will you suffer a decrease in rent to fill the house if you have ADU's.As neighborhood density goes up (from surrounding ADU's will your investment go from a (for instance) B to a C neighborhood (or a C to a D) (???)

Medical Payments: Provides coverage for an injury suffered on the premises.

I trade off vacancy rate for quality tenants so I keep my places empty rather than suffer the constant turnover of tenants and the associated turnover costs.

I don't have any inspectors to advise you on; as, so far I'm still suffering from (or probably enjoying) DIY.   

I have found that the housing prices are way lower and usually come with a nice chunk of land  but the rents do not suffer as much.