Anyway there are tons of old, outdated printers, monitors, fax machines, software, pieces and parts in the commercial building.

You will be monitoring their property making sure that it stays maintained every time the property flips. 3.

I'll take your advice and monitor it every day. 

Does anyone here monitor the official monthly housing data like existing home sales, building permits, etc, etc?

So if I would spend more than an hour a month dealing with tenants, then it's a cost savings by hiring this out to a PM - not to mention the headaches and time savings.With that said, you still should know enough about the subject that you can monitor the PM and be sure they are doing a good job.

Zach,Here in Texas we put a sign on the door and in the front and back yard saying smile, you are being monitored, and entrance to the property will trigger a police response.Joe Gore

Bigger Pockets has some great state forums and usually there are good locals that monitor those.

With class C, a lot.Below are charts showing median $/SqFt sales and rental rate trends for the properties that we monitor.

As a longtime, seasoned real estate and note investor (as well as mortgage company owner) we certainly monitor taxes (and insurance, too).

Also areas with high crime are very hard to manage/monitor/access...did you check the crime map for the areas?