With regard to renovations, I always suggest taking incremental steps to bigger renovations or partnering with someone who has already done a renovation at that level.I've been known to just go for the big rehabs for my personal investments here in Chicago , and during that process, it's always more stressful than it needs to be...As far as navigating the competition, I've found the best thing I can do is get EXTREMELY CLEAR  on what I am looking for; then I am confident pulling the trigger quicky. 

Common tasks include guiding (for example, blind, severe physical disability), alerting (severe diabetes, seizures), retrieving/operating (pushing buttons, switches, etc).

No AI, no software no gadget, no magic pocket list, no nothing.The only way to reliably and consistently get in touch with motivated sellers is for YOU to make it extremely easy for THEM to find YOU!

Not super common but I built one development where this was how the sewage was handled.  

We've been extremely lucky with our first tenant- she is wonderful.

It's been extremely underwhelming, not that costly but it's pretty bad. 

If you are new to the business the most common issue is you're either locking up deals too high or you aren't finding attractive deals.

Very common for most of today's gurus to utilize these types of subterranean creatures. 

It doesn't have to be one extreme or the other.

While it might feel like an extra charge to tenants, these packages often provide value that indirectly benefits the property owner as well—like reduced maintenance calls or ensuring the property is better protected.In my experience managing a large portfolio of properties, these fees are becoming more common due to the thin margins in property management.