Here is me and my wife's situation We bought our townhouse for a little over 60k and closed in September of 2016 (and this is our residence) our HOA is $125 a month(covers water).

I have a tenant up stairs who is happy that I’m intative to any issues that comes up like her water tank that kicked the bucket she only had to wait 24hrs before it was up and running.

He’s offering me a system to help me learn my Market wants a 3K invest upfront swears his system is legit and his company but I can’t find him or his company on the internet ANYWHERE!

Our initial plan for the next couple of years is to get rents to market, and see what we can do with the water and heating bills.Over the next few years, we will build out our buy and hold portfolio in the Toledo area.

So many properties numbers look great until to realize the impact of being one street to far and have triple the water costs.   

In our state we are allowed to charge a max of 2x rent for a deposit, so what if we systemized deposits to be a flat $1,500, or they can pay $75 per month for a warranty on damages (only damages) of up to $1,000.

Make sure everything is working properly, have a little coffee maker and leave some water, champagne (2 night or longer stays), breakfast pastries, or something similar for your neighborhood.

I'm renting out a condo and a prospective tenant asked me if I would supply the air filters for the unit's HVAC system. 

If the systems like the roof, furnaces are new, I may make a different offer on the property than if they all needed to be replaced. 

According to my insurance agent, the only additional insurance requirements from a “normal” four-plex is taking into account flood risk / insurance - no other liability concerns.I’ve never owned water front property myself, let alone rental property on a lake.