I’ve gotten remarried, moved to Michigan and I’m starting a practice here when somehow I receive Freedom Founders Fodder in the mailbox at my new snail mail address.Clearly the result of un-monitored infusion soft-ing as I’m the last person Freedom Founders would be getting to respond to the full color multi-page mail piece.

It has a color touchscreen which is simple for guests to operate.I also have 2 Digital Watchdog exterior cameras so I can keep an eye on who is coming and going and monitor when the house is between occupants.

Let’s face it, property management is mostly just scheduling, which anyone can do from anywhere on the planetMy offshore PMs set door codes, message & call guests, schedule cleaners, adjust the thermostat, monitor my cameras, call plumbers and more!

We were talking about risk-tolerance, and he mentioned he frequently monitors his whole investment portfolio to make sure he doesn't have too much in RE.  

IRA Custodians that do not trade securities or lend funds are simply monitored by the IRS in that they have reporting requirements to the IRS and some fiduciary responsibility for the accuracy of their reports.

And even then it is something to closely monitor - even with good tenants one prolonged vacancy will put you into a deficit.

I DO HAVE 2 efficiencies (borderline 1 BR except for no real wall btwn living room and kitchen) and I can see putting propane monitor heat in them and having tenant pay -- PLUS they are the bulk of the first floor so it will help offset the upper story.

By monitoring their pricing, and keeping my rental cost below that, I am able to remain competitive against a larger entity.

It is still necessary to visit the city every few months, but these people can do work for you without you monitoring them weekly or daily. 

It will actually help you monitor your property as some tenants (I am not sure how) do not know what a running toilet sounds like.