Don't burn them on a bad property.

Account Closed In my experience, once you get burned a few times as a landlord, you develop your own "deal breaker" rules that you stick with as a policy. 

You are building a plan on paper and paper can burn or blow away.

Just think about the worst damage a tenant can cause, such being liable for setting your rental house on fire or burning down your rental house and the neighbor's house, etc.

I’ve not been burned yet.

It doesn't happen all the time, but it only takes getting burned once to want to change your policy.

You can read all the opinions on these forums you want, but at the end of the day, you will find people who have been burned by syndications and others that are more than thrilled with their syndication investments.  

But still found it odd that they burn employee time for no water usage.

If you have the cash to burn for a 2nd home and actually love Seattle go for it.

Here in N CA folks can find property (not structures) that have burned up 😔