Everything is automated in factories,homes,hospitals and businesses don't need labor workers  as much as brightly IT skill set minds are in demand and because we don't have those types of individuals, the country is looking at foreigners to come in and do the job of IT at a very cheap rate is affecting the IT employees get the adequate rate.

How do you manage these properties when the "management company" that you hired is not adequate?

And what do you feel most managers do an "adequate" job of?

(best way to think of an umbrella insurance)  the umbrella serves as another layer of protection and it piggy backs of your auto policy (you cannot have a stand alone umbrella policy) without having an auto policy with the adequate limits of liability to go with the umbrella althought he umbrella protects your auto and homes as well.

I wouldn't buy anything without adequate parking -- off street.

Does it have adequate off street parking?

The answer to your second question is having adequate insurance coverage.

Investment TipsHave a property management firm screen your tenantsRequire that your tenants have renter's insuranceMake sure your property is protected for vandalism due to the tenant not taking care of the rentalMake sure you have insurance that covers you for fair rental lossMake sure you have adequate limits of liability

All too often you will run into residential realtors that are more concerned with their reputation among their real estate community and will not adequately embrace a investors business mentality.

My plan is to become adequately literate in finances and real estate.