Plus all the labor that went into finding and purchasing the property in the first place.So yes, Spartan made a decent profit on this property - without that margin, we'd only be earning from annual PM fees and the occasional leasing fee, while doing much more than just the work of a PM -  an inefficient business model to say the least. 

I have a form that details the deposits and any deductions that is sent via certified mail to the tenants so that it arrives in 14 business days or occasionally its hand delivered and signed for.What you agreed to in the sale agreement seemed a bit more clouded as I'm not certain clarity was provided, was the rent waived or did you agree to something else.

He just bought a lake side property he wants to set up as an Airbnb and occasionally use himself.I quoted the dedicated policy for this situation called by one of my carriers "Vacation & Short Term Rental Insurance" which seemed expensive I guess. 

He still works for me occasionally but not as a regular person, and I count the tools and make sure the keys are not in his possession.My nephew is a contractor hires mostly guys from Teen Challenge, he's watchful and pretty much knows what's up,, any questions and usually one guy will point the finger to the one that got out of line.So from a person who's been there and done that.

Can you do the occasional drives by the house to see if anything out of the ordinary is happening?

I email her occasionally as she works in the owner services dept. 

We're not talking about putting one on retainer, we're talking about occasional advice that isn't going to cost a whole lot.

, you might see spikes like that.Don't forget that 11/26-11/29 was Thanksgiving, and may have involved 1) more cooking/guests, or 2) people leaving the apartments to visit family elsewhere.For Building 1, I agree that the occasional >1000 gal spikes could be laundry. 

When I have multiple windows open an occasional brain fart is almost inevitable.

Took money from the guy for payment towards rent, and now they had a falling out and the guy won't leave.Background: My tenant has a mental disability and has caretakers that stop by occasionally.