-A water heater issue resulted in repeated mismanagement—confusing unit assignments—leading to extra costs to fix the same issue 3 times and on each occasion "more fixes" needed to the water heaters that I plumber said was needed.

Others rely on networking... hooking up with probate or divorce attorneys who sometimes have leads on properties that aren’t widely marketed.If you decide to hire a property manager in the Jasper area, maybe chat with a few owners who’ve used them.

I’ve been working probate leads here in San Diego for some time and your words are right on point…lot of time for sometimes little to no return. 

This lead to 3 months of late payment which ended up on sellers credit report.Weve gotten most of our sellers paid off within 12 months which is what we discussed with them at acquisition. 

Unfortunately, there are times when being accommodating and making exceptions can lead tenants to take advantage of the situation.

Thus, the park falls into a spiral of neglect, eventually leading to the loss of affordable housing units.  

However, that will likely lead to increased turnover and increased vacancy time in between tenants.

Changes to local landlord/tenant laws and new situations involving tenants lead to these annual updates.

I do agree with you, when your margin of error is higher you don't have to be as precise which ultimately leads to waste in profits and prolongs your abilities to reach your goal if you are not disciplined.

This also leads to the reviews based on my criteria and setup, not the previous owners.