I'll leave it at that...When I bought my 39 unit, the city water bill had accumulated late charges by the previous owner and I repeatedly went to the city water department to check the status of the pending charges during the 75 day escrow.

He keeps me in the loop every time a service call is made (leaking toilets, clogged drains, etc) and I pay him when he accumulates 4-5 visits.

Hi All,I've got 3 properties in Southern California that have been appreciation-plays as they essentially net zero cash flow, but they've accumulated significant equity for me.

You're knocking out huge chunks of Mortgage with the Heloc and thereby eliminating huge chunks of principle so you never accumulate interest on that portion of compounded mortgage. 

Maybe help with property management, maybe file papers in the office, whatever it takes to be around the guys who have accumulated lots of real estate.

I accumulated the amazing tenant stories just posted about above all in the process of leasing a nice three bedroom townhouse with showings in November and December.

It could also be that her velocity of burn in attacking the maintenance backlog is exceeding the rate of cash flow ... and the property has not accumulated the necessary reserves {presumable due to the mentioned mismanagement}.   

We also provide  them, with a copy of our own internal metrics (late payments, vacancy, turnover, bad debt, CAPEx, maintenance, etc) accumulated over the past ~4-years as a benchmark of our expectations.  

@Fred HellerWhen you are on a mission, hustling, blazing both guns accumulating properties...

You'd be impressed by the abundance of internet history I have accumulated of the past few hours on the topic.