Anywhere else in the northeast just doesn’t capture enough year-round traffic.

This account pays for all property related expenses - repairs, pest control, etc.  

Take control of the situation and avoid the lease signing without funds.

We had no control of that since we only owned for one week.

Wood Destroying Organism, or just a pest control person? 

Also will you need to add a furnace and ductwork so each tenant controls their own temperature and costs?

Who is responsible for the fence damage caused by a severe storm where:Usually, when an "inside" side of the fence (with the horizontal 2x4 bars across the fence) is facing the owner in the owner's yard, the owner is responsible for the repairs.The situation:The "inside" of the fence (with the horizontal 2x4 bars across the fence) is facing the easement (which acts as a storm drain for flood control) in a HOA neighborhood.

A new property management company took control of my property about a month ago.

If there was a will, then the will controls the estate. 

I also don't really recommend arbitraging because you essentially have very little control over your business, the landlord controls it.