If the property is leased, that might help.

You need a skillset that you can manage tenant's expectations and enforce the lease with a professional but firm manner.

Ex: tenant daughter (that wasn't on the lease and shouldn't have been residing in the property) broke one of the railing spindles and didn't notify me.

Originally a 30 year lease, theres about 20 years left to an advertising agency. 

With the lease up for renewal next month, we’ve decided to keep the rent at the same rate for this year.

What you would call a lease, I call a member agreement.

I do a lot of boots on the ground stuff for different clients of mine who might need stuff like leasing, walkthroughs, contractor recommendations, but want to be more hands on with the managing of the property.  

Everyone associated with living there and/or paying for the unit goes on the lease.

Might be an additional cost there.If units are updated, capex items look good, leases and tenants look solid, and there are no other regular expenses besides the 5200 in insurance/property taxes then I like this deal.  

On long-term rentals the bank likes to see signed leases which clearly you can't have with STR.