Do other property managers have recommendations on provisions that can be included within a management agreement to ensure disaster / major unplanned occurrence that consume time and resources are billable?

They’re available 24/7 and have dealt with all kinds of maintenance issues at my place from squirrels in the attic chewing up wires causing the power to go out on thanksgiving to HVACs going out on weekend nights to my roof leaking the day my guests who booked it for two weeks checked in.

Every time we visit Pittsburgh we would make a point to go to Squirrel Hill to enjoy the restaurants and shopping. 

The thing behind the hot tub is a squirrel launcher. 

An unplanned capital call doesn't always mean the deal is completely dead. 

Even if you plan to self-manage, you may want to calculate potential deals with the expense of having a PM as there may be a time when you choose to no longer self-manage.Recommend you also be sure to have cash reserves set aside for unplanned maint/capex expenses.

I do make it clear that you shouldn't store indoor items in them because of squirrels/mice  having been know to get into them. 

I know how much each apt can rent and I know each expense.Not only do I know that, I also can very much PREDICT the rental increases and the Expense increases.I have a saying, if you can PREDICT it, you can PROFIT from it.But if you can't predict it, you are shooting blindly in the dark.One of the things about NYC that I absolutely do is examine the major Real Estate Projects in a target area.If there are not at least 3 positive developments, for instance, in the Clinton Hill area where I invested in the above example, there were: 1) Barclay's Stadium and a LOT of other planned buildings called Atlantic Yards2) The rebuilding of the World Trade centers which would have thousands of high paid employees within reach of Clinton Hill3) The Navy Yard, which expanded with billions of investments, including Steiner Movie Studios and a whole bunch of other businessesPLUS A LOT MORE.Then there were the replacement of "poor" stores, like Dollar Stores and others of that nature with Artistic Coffee shops, eventually Starbucks opened.There are so many clues that help you that it is soooooo surprising how I keep hearing from people that you can't predict the future... and yet it slaps you in the face and they still think you can't predict it.I try to tell people that even a squirrel understands how to predict the future otherwise he would starve to death by the time the winter comes and he never buried his nuts where he can get to it!

Off the cusp...Upper tier: shadyside, squirrel hill, Mt.

- What unplanned things/issues did you run into during the renovation?