Up your offers, waive contingencies, adjust your expectations to what the current market is. 

I think they might make adjustments to the bill that might benefit both sides of the party (landlords/tenants) but at this point I highly doubt it.

That being said the downsides of management are listed above, it is more turnover intensive than any other single part of the house. 

Just adjust your numbers on your offer to account for the difference. 

Once I have my list of 200 properties, I make arrangement with my photo person and I go with him to view each home, neighborhood, comps, and homes in area for sale or rent.I make adjustments to my price and add any changes I make notes on my list.

In both instances, there is either an internal (personal, family etc.) or external (nonpersonal, economic etc.) factor influencing the decision.A seller with a balloon or adjustable rate mortgage will have a mighty good reason to sell and avoid foreclosure if they can't refinance to avoid paying off entire loan balance or get a lower affordable rate.

Electricity may be adjusted to whatever current market rate is.Insurance: ask insurance brokerTaxes: whatever local rules are used to calculate themReserves: $250/unit/yearHope this helpsNick

So I have them recorded as 100% principle payments and then I do a yearly adjustment based on what amount was interest (though I could do that adjustment quarterly or monthly if I wanted to)

I would suggest you analyze and run numbers on every deal you can without worrying too much about adjusting for local intangibles, and then just find 3 or 4 local people you trust to look over your numbers each time (i.e.

@Luc BoironTime intensive, but effective.