You can surely hire a PM for one property, as long as you feel like the costs associated with it align with your bottom line, and cash flow objectives. 

Off grid, no water or electricity.Marvin, one of our young workers used to work with a survey crew clearing survey lines. 

It’s not my place to cross that line…but let’s just say I learned of some serious generosity on his part, generosity that most of us cannot or will not (mostly “will not” from what I’ve seen) match – and I did not learn of it from Quincy.

There are some great on-line real estate courses, and I have found the information within them has really been helpful for my investment business.

Licensed with permits ~$4,000.Full replacement of all water supply lines and shutoffs from the interior water meter with PEX and an open basement.  1 kitchen 1 bath 1 laundry. 

Makes banks happy, but not what you want if you are concerned about your bottom line. 

And using the 135 and 400 as the dividing lines.

Here is what I would do:I would still close on the property but send a letter to the sellers broker and the seller along the lines of below (note I would have an attorney write it and send it):It has been brought to our attention there was a $15,000 insurance claim on the property.

I believe Pricelabs is offering a pricing strategy and market analysis info more in line with hotels, and that might be a good tool for you to look at.

I have reviewed their properties which is in line with the type of assets I like to own for cash flow.