While I interned at a major insurance company during the summers of my undergraduate, I saw some of the most brilliant people chained to things completely below their ability.

I made the mistake of taking on a major project early on and it kicked my a$$!

Check the recent major oil company's earnings.

The initial cost ($350-$450) plus the per visit cost (another $50-$60 usually) and you only get your money back *if* you have something major go wrong and *if* they actually decide it is covered amongst the myriad of exclusions.

He has been involved in this business for about 5 years (since he was layed off from a major company that he worked for for over 30 years).

I think the more important question is not who owns the note, rather who is the asset management company who is repping that agent. get to know the local players in the industry and they can typically tell you who handles which accounts...Get to know the asset management companies, and know who their clients are... it will provide a framework to build on...

Justin,Have you run into issues with the maintenance if something major went wrong?

The only thing I am worried about is major problems inside.

Here's a few others, if you're trying to detail these out.6) Insurance7) Make ready costs when one tenant moves out before another moves in.8 ) Discounts given to lure in tenants (aka "economic vacancy")9) Advertising10) Legal fees11) Court costs12) Property management (which you can earn for yourself, if you do this yourself.)13) Major repairs (roof, furnace, plumbing)The problem with many of these is that they are sporadic.

Im looking at a SFH, split into 3 units, 3 blocks from a major university in downtown.