In the mean time 100% of the owners ability to touch any cash is eliminated.

LEDs seem to eliminate another short phone call to change a bulb because a tenant isn't sure how to remove the glass cover.

Very insightful on vetting with your elimination question.

But it could lead to evaluating hundreds if not thousands of cities, which is impractical due to the time required and insufficient data for smaller cities.The other method is to eliminate all cities that are unlikely to be good investment locations, and the remaining few are worthy of further investigation.

That is after I spent a week online eliminating ones that I could tell where too nice or in too bad of shape or in a bad area.

So for less than $5k out of pocket we just eliminated a $3,500 per year oil bill and added that directly into our yearly cashflow.

Automations make managing easier and helps eliminate human error. - Stay on top of your bookkeeping.

This does not eliminate risk of further regulation but it does lower the risk.

I say hopefully because many of these payments are reduced or altogether eliminated by any amounts owed by the beneficiary to other government agencies, such as income taxes, loans, etc.Bottom line is that this is a business, requiring all the skills and assets and expenses necessary for all businesses.

The owners of TICs receive deeds, though, and I'm wondering whether those can be "lady bird" deeds with a beneficiary, which would also eliminate probate.