I do a lot of repairs and maintenance myself when I come down in the winter and during the quarters I make the trip, but here's just a sample of things I had to pay for in the last year:Pool screening: $985 (big hailstorm destroyed 13 screens)Irrigation repair: $394Irrigation repair #2: $230Palm trimming (twice: $200Pool light replacement: $950And all of that of course leaves out routine replacement of towels that get left at theme parks, sheets and pillowcases, busted blenders, and a host of other things I can't even think of right now. 

In Connecticut, there are two primary types of foreclosure in CT - Strict foreclosure and foreclosure by sale.

One thing you have done right is to create a strict metric for what a good deal loaoks like.

Thanks for the shout out @Michele Fischer I agree OR laws are more strict than WA, but I'm afraid WA is trying its hardest to become as bad lol...

Lastly, cities/towns that have well thought out city planning and/or strict zoning if combined with the aforementioned characteristics will almost always lead to supply pressures that work in your favor. 

"Short term" is higher maintenance, of course, and requires "boots on the ground" on a routine basis.

Things I've got down to minimal effort or fully automated: * Rent, security deposit, and fee collection* Basic accounting and tax packet creation* Listing vacancies* Lease signing* Applications, credit, and background checksThings I'm still dealing with directly ad-hoc or don't have a well defined process or solution in place for:* Requests and communication with tenants* Finding and coordinating service providers for maintenance and repair work* Scheduling showings and getting prospective tenants to make their appointments* Tenant turnover for move in and out* Keeping up with legal changes and lease template updates* Setting rent amounts* Lease enforcement - tenants are responsible for things like yardwork, routinely get letters from the city about weeds / tall grass, etc.Questions for the group:* What am I missing if I were to make out a checklist of an "automated property"?

Condos have very strict rules regarding %owner vs % investment and can loose their condo cert if they don't abide.

My understanding is that in Florida I do not need to hire licensed contractors to do regular routine maintenance (replace lamps, toilets, tiles, etc), is this true?

Awesome mate, please feel free to post numbers on here if you feel comfortable.Sounds like a BANGER deal.Just checked notes from years ago and sorry that we couldn't present any deals, we follow a pretty strict procedure when it comes to investor on-boarding and for the purpose of saving our time and resources, providing a POF is a must before we can take the next steps.I never get mad mate hahaJust dissapointed.It is what it is.Such is the wonderful world of real estate investing.Much success 🙏