I also have leads on tenants from the college who are athletes that pay a little more than normal tenants and can be monitored by coaches!

Anthony and I have a long-standing friendship outside BP.Here's the story: a father-and-son pair of alcoholic Belarusian immigrant tile clowns with matching ankle monitors courtesy of the Allegheny County Jail were the impetus for my learning how to use cement board to lay tile in framed buildings, and by extension committing to handyman investing here in Pittsburgh.

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.

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.

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

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.

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. 

Monitoring with a 3 year contract is only $34 bucks per month. 

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!