He says it's worth it to pay a manager because not seeing what's going on is like the fox watching the henhouse and the landlord can easily get ripped off.

You'll need good contact info for them to be able to collect, and ideally the new address for the tenant however which if you don't have can probably be found easily with some online sleuthing/ contacting their employer, skip tracing software, etc. 

This is something a qualified contractor can easily resolve.

Cheers, it's ballpark like algebra.You can't easily solve this:a + b + c + d + e = fBut you can easily solve this:44 + b + 23 + 13 + 48 = 155And, once you have solved that, you will likely be able to solve one with 2 unknowns, and work from there.

I only was thinking of the tenant having to pay a monthly fee for hvac filters and renters ins when these are easily attainable.

It would be nonsensical to think you can easily replace that type of income in a couple short years.

I don't know what they are about, but what do they purport to teach you about Section 8 not easily disseminated from online material already available?

I can also tag it by property to easily pull P&L for each property.I am super happy with Baselane and excited to not have to spend so much time on bookkeeping and prepping things manually for my accountant. 

This will only show tenants with rent bumps or term dates or delinquencies or questions, and hide the rest of the tenants so that you can easily take a snapshot pic and send to your property manager. 

.), then the downside on a particular deal is easily in the 5- or 6-figures.